Inchcape sale may be back on track
by
Janet Porter
—
last modified
Jul 20, 2010 09:58 AM
PLANS to sell Inchcape Shipping Services (ISS) appear to be advancing again after coming to a halt a few weeks ago.
Parent company Istithmar had put the UK-headquartered marine services group on the market in February with a price tag said to be around US$600m.
However, the sale process was suddenly suspended in June amid reports that ISS had been caught...
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