EQT to buy Global Gateway South for $875 mln

EQT has agreed to buy 90 percent of Global Gateway South for $875 million. CMA CGM, the seller, will retain a 10 percent stake in Global Gateway, a terminal in the North American Port of Los Angeles. EQT is using its third infrastructure fund, which collected 4 billion euros earlier this year, to invest in Global Gateway. Jefferies LLC provided financial advice while Allen & Overy LLP acted as legal adviser to EQT Infrastructure.

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