AD Ports enters South America as Dh3.1 billion Brazil deal stands complete
Dubai: AD Ports Group has completed its Dh3.1 billion ($835 million) acquisition of Brazilian agri-bulk port operator Corredor Logística e Infraestrutura (CLI) after receiving regulatory and antitrust approvals. This marks the Abu Dhabi-based group's first strategic entry into South America. The acquisition, which was announced in June, is the largest in AD Ports Group's history. The group has…
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