Owner sells Peel Ports stake

Property tycoon John Whittaker is to sell a 25% stake in Peel Ports Group to Melbourne-based pension fund investor AustralianSuper. Peel Ports owns Liverpool, Clydeport and Medway  in the UK, according to a report in the Sunday Telegraph.  The newspaper said that Whittaker was trying to wind down his Peel Holdings conglomerate,  and was also looking to raise as much as £1bn in an emergency rights issue for troubled shopping ... [+]

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