Temasek's PSA to buy Halterm terminal from Macquarie: CP

Singapore's PSA International Pte Ltd has agreed to acquire Halterm Container Terminal Ltd, the largest container terminal in Eastern Canada, according to a report by The Canadian Press. No financial terms were disclosed. The seller is Macquarie Infrastructure Partners. Macquarie acquired Halterm, which operates at the Port of Halifax, in 2007 for about $173 million. The Australian investor is in the process of securing regulatory approvals, the report said. PSA, a global port operator, is owned by Singapore sovereign wealth fund Temasek Holdings.

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