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You are here: Home Archive 2010 September Weekly Edition 2nd September Shareholder shuffle at Flinders Ports

Shareholder shuffle at Flinders Ports

by Dale Crisp last modified Sep 02, 2010 10:02 AM

TWO MAJOR investors have sold their holdings in South Australian ports operator Flinders Ports but chief executive Vincent Tremaine says it’s “business as usual”.

The AP Moller-Maersk Group’s global towage business Svitzer has sold all of its 14.3% shareholding to Local DIT Investments, a consortium comprised of Local Super (a South Australian-based superannuation fund focussed on local government) and Sydney-headquartered Infrastructure Capital Group (ICG)....

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