include GSEZ Cargo Ports, a company operating a cargo terminal and logistics
business in Gabon; GSEZ Mineral Port, which operates a mineral terminal in
Owendo, Gabon; Arise, a company holding the concession for a cargo port in
Mauritania; and Terminal Industriel Polyvalent de San Pedro S.A., which holds a
concession to build and operate a bulk terminal in the Ivory Coast.
Commission concluded that the proposed acquisition would raise no competition
concerns because of its limited impact on the market. The transaction was
examined under the simplified merger review procedure,” the European Commission
said in a statement.
APMC is an
affiliate of A.P. Møller Holding and was established to manage stand-alone
funds to invest in infrastructure in emerging markets. The first fund is
focusing on Africa.
Infrastructure Fund I K/S (AIF 1), acting by its manager APMC, will acquire the
shares in the project companies through Arise P&L Limited, a special
purpose vehicle incorporated in the United Kingdom.