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05 April 2020 The on-line newspaper devoted to the world of transports 15:07 GMT+2



February 10, 2011

Canadian owner denies plan to sell PD Ports

by Iain Laing, The Journal


THE Canadian owner of PD Ports has re-affirmed its backing for the Teesport owner despite pulling out of several UK development schemes.
Brookfield Asset Management, which bought the Middlesbrough-based ports company for a nominal sum in 2009, has sold its stake in three joint ventures with private equity firm Reuben Brothers after pulling out of the £4.5bn Brent Cross regeneration scheme in London ......
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