First Container Terminal, part of Global Ports Investments, and TransContainer have closed the sale of Logistika-Terminal, one of Global Ports’ two inland terminal facilities.
The deal cost 1.9 mn rubles, which Global Ports intends to use to leverage the group’s debt.
The parties reached an agreement in August last year, however, the deal was blocked then by the RF Federal Anti-Trust Service, which deemed it would negatively affect the competition in the rail container market.
This July, the anti-trust authorities granted their approval, so the parties could continue with the deal.
