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Fair Market Value Capital Partners, TD Asset Management Acquire Minority Interest in PSA Italy From PSA International
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Fair Market Value Capital Partners, TD Asset Management Acquire Minority Interest in PSA Italy From PSA International
Mar 18, 2024 5:46 AM

08:08 AM EDT, 03/18/2024 (MT Newswires) -- The FMV Industrial Infrastructure Fund I SCSp, advised by Fair Market Value Capital Partners, and the TD Greystone Infrastructure Fund (Global Master) SCSp, advised by TD Asset Management Inc. (TD.TO, TD), said Monday that they have jointly acquired a 28% interest in PSA Italy from PSA International, a global port operator.

PSA Italy operates three container terminals in the Port of Genoa and Port of Venice, which are the premier gateway terminals serving the Northern Italian hinterland.

The transaction has secured unconditional clearance from the Italian Government under the Golden Power regime.

Additional terms of the deal were not disclosed.

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