We return to the Abu Dhabi-listed AD Ports, which has quadrupled down – if such a phrase exists – on its ambitions to transform itself from a humble port owner into a multi-operational shipping company after agreeing to buy an 80% stake in Global Feeder Services (GFS) for $800m, as reported by The Loadstar yesterday.
(The remaining 20% will be retained by GFS management; leaving existing shareholders with a minority stake …
The post With GFS buy, AD Ports becomes an M&A gorilla appeared first on The Loadstar.
