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News

MIIF sells stake in Changshu port

9 October 2013
Macquarie International Infrastructure Fund (MIIF) announced the financial close of the sale of a 40 per cent stake in Changshu Xinghua Port to the existing co-shareholders, Pan-United Infrastructure and Petroships Investment, which bought the stake for a consideration of US$90m.

MIIF, an Asia-focused listed infrastructure owner and operator of private infrastructure businesses, acquired the stake in December 2005.

Changshu Xinghua is a multi-purpose cargo port located on the lower reaches of the Yangtze River in Jiangsu province.

     
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