Wednesday, July 13, 2011

International Container says it's 'studying' options for Portek

International Container Terminal Services Inc. is studying its options over its bid for Singapore’s Portek International following a plan by Mitsui & Co. to make a higher offer.

“We are evaluating our options to determine what’s best for our shareholders,” Rafael Consing, treasurer at the Manila- based company also known as ICTSI, said in a phone interview. He declined to give more details.
 

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