Prumo Logística sells stake in Ferroport terminal at Porto do Açu

Prumo Logística announced, in a statement this Friday, the 14th, the sale of its equity stake in FP NewCo, the indirect holder of 50% of Ferroport (a joint venture with Anglo American), which operates the iron ore terminal at the Port of Açu.

“For this transaction, we were informed that 3Point2, a private investment platform, obtained financial support from BTG Pactual. The completion of the transaction is subject to the fulfillment of precedent conditions,” the company said in the statement, without disclosing the value of the deal.

The company also stated that the transaction is in line with Prumo’s strategy to simplify its corporate structure, optimize its capital structure, and bring in “strategic players (operators)” to develop businesses at the Port of Açu.

Source: MSN

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