Orient Overseas Container Line (OOCL) has sold of Long Beach Container Terminal to a Macquarie Infrastructure Partners (MIP)-led consortium for $1.78bn.
The deal was originally announced in April. According to the agreement, OOCL sold 100% of shares of the terminal.
LBCT LLC operates the terminal, which is located in the Port of Long Beach in California, US.
OOCL parent company OOIL, Faulkner Global, the US Department of Homeland Security and the US Department of Justice have signed National...
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