Mitsui & Co. plans to offer to buy Singapore’s Portek International at $1.40 per share for a total consideration of about $221 million, according to a statement to the Singapore stock exchange.
The offer for all of Portek, the operator of container terminals in Indonesia, Algeria, Malta and Gabon, exceeds the $1.20 bid by International Container Terminal Services Inc. of the Philippines.
Wednesday, July 13, 2011
Mitsui plans to make offer for Singapore's Portek International
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