Brookfield partners in creation of APM Terminals Elizabeth
Canadian alternative asset manager Brookfield Asset Management has formed a joint venture with APM Terminals Management B.V., a Dutch provider of international shipping ports and terminals. The joint venture company, APM Terminals Elizabeth, is located in APM Terminals' Port Elizabeth, New Jersey facility. Brookfield and APM Terminals will own equal shares in the company. The undisclosed transaction, which is subject to regulatory approvals, is expected to be completed within the next couple of months.
21 February 2014•2 mins read
