Australia’s largest investment bank has agreed to take full control of the US bulk liquid terminals operation for $1.03bn in cash and stock.
MIC will purchase the remainder interest from members of IMTT’s founding family for $910m in cash and $115m in stock.
IMTT comprises ten marine terminals located on the East, West and Gulf Coasts and the Great Lakes regions of the US and two partially owned terminals in the Canadian provinces of Quebec and Newfoundland.
Headquartered
