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02 April 2020 The on-line newspaper devoted to the world of transports 05:57 GMT+2

July 14, 2016

Ports America Said to Explore Sale Valuing Company at $1 Billion

By Ed Hammond, Kiel Porter

Ports America, the closely held maritime-terminal operator, is exploring a sale, people with knowledge of the matter said.
Highstar Capital, the private equity firm that owns Ports America, is working with investment bank RBC Capital Markets LLC to find a buyer, said the people, who asked not to be identified because the information is private. The company could be valued at about $1 billion in a sale, the people said ......
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