Announced

Pontegadea Inversiones to acquire a 49% stake in PD Ports from Brookfield.

Synopsis

Pontegadea Inversiones, an investment vehicle of Amancio Ortega, agreed to acquire a 49% stake in PD Ports, a ports and logistics company, from Brookfield, an alternative asset management company. Financial terms were not disclosed. "This deal signals a bold new chapter for PD Ports – one that builds on our proud heritage and sets a confident course for the future. We look forward to working with our new shareholder to drive the continued growth of our business," Frans Calje, PD Ports CEO.

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MergerLinks - Pontegadea Inversiones to acquire a 49% stake in PD Ports from Brookfield.