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 Infravia and Infracapital – Sale of container terminal in Italy

Mediterranean Shipping Company (MSC) is to buy a stake in a container terminal at the Port of Genoa from InfraVia and Infracapital-owned Gruppo Investimenti Portuali (GIP). MSC, through its subsidiary Itatermineaux, owns a 65% stake in the terminal, while GIP, through its subsidiary Seber, holds a 35% interest. The Container Terminal was awarded to the MSC and GIP consortium under a 33-year concession in June. Details of the transaction have not been disclosed.