Announced
Financials
Sources
Tags
Minority
Private
Pending
Single Bidder
Railroads
high speed rail transportation
Italy
Acquisition
Cross Border
Private Equity
Friendly
Synopsis
Mediterranean Shipping Company, an international shipping line, agreed to acquire a 50% stake in Italo Nuovo Trasporto Viaggiatori, an Italian open-access train operating company, from Global Infrastructure Partners, an independent infrastructure investor. Financial terms were not disclosed. "This agreement demonstrates our long-standing commitment to Italy and support for exceptional high-speed passenger rail transport in Italy," Diego Aponte, MSC Mediterranean Shipping Company Group President.
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