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Announced

AP Moller - Maersk to acquire Pilot Freight Services from BCI and ATL Partners for $1.7bn.

Synopsis

AP Moller - Maersk, an integrated transport and logistics company, agreed to acquire Pilot Freight Services, a full-service transportation and logistics provider, from BCI, an investment management services provider, and ATL Partners, a private equity firm, for $1.7bn. "We are appreciative and proud of the partnership we’ve had with the Pilot team in successfully executing on the vision of creating a differentiated, market leader to meet the growing e-commerce demand for big and bulky goods," Kirby Fine, ATL Partners Partner.

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