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Goldman partially exits stake in Associated British Ports

Mar. 31, 2015 10:49 AM ETThe Goldman Sachs Group, Inc. (GS) StockGSBy: Stephen Alpher, SA News Editor
  • Along with Prudential Plc, Goldman Sachs (NYSE:GS) agrees to sell at least 30% of Associated British Ports to the Canada Pension Plan Investment Board and Hermes Infrastructure for $2.4B. The deal is expected to close this summer and could include another 3.3% of the company.
  • Associated British Ports owns and operates 21 ports in the U.K.

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