UK’s Largest Port Operator Set To Get Australian Fund As Majority Owner In Reported £10 Billion Deal

The UK's largest port operator, Associated British Ports (ABP), is set to be majority-owned by an Australian fund, IFM Investors, in a reported £10 billion deal.

The deal, which is subject to regulatory approval, will see IFM Investors acquire a 63.9% stake in ABP, which operates 21 ports across the UK.