SOUTH AMERICA

MSC negotiates Montevideo stake

9 years ago

At the Port of Montevideo, in Uruguay, talks are reported to be under way between MSC and Katoen Natie with a view to the acquisition by the former of a majority stake in the latter’s box handling facility, Terminal Cuenca del Plata (TCP).

Up for grabs is an 80% shareholding in TCP, with ANP holding the remaining 20% of the equity Photo: A.Davey/flickr/CC BY-NC-ND 2.0

At the Port of Montevideo, in Uruguay, talks are reported to be under way between MSC and Katoen Natie with a view to the acquisition by the former of a majority stake in the latter’s box handling facility, Terminal Cuenca del Plata (TCP).