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IFM acquires Associated British Ports in reported £10bn deal
Australia's IFM has acquired Associated British Ports, the UK's largest port owner and operator, in a deal reportedly worth about £10bn.
The report describes the acquisition of Associated British Ports by Australia's IFM as a straightforward deal reportedly valued at around £10bn. ABP is identified as the UK's largest port owner and operator.
According to the source, the transaction underlines how the port industry has matured as an investment class. It adds that such a deal would not normally warrant much comment.
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