PSA to acquire BDP International

Felicia Tan
Felicia Tan12/1/2021 08:59 AM GMT+08  • 2 min read
PSA to acquire BDP International
The move is PSA’s first major acquisition of this nature, says PSA group CEO Tan Chong Meng.
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PSA International announced on Dec 1, that it has signed an agreement with New York-based private equity firm Greenbriar Equity Group to acquire 100% of the shares in privately-held BDP International, a leading provider of global integrated supply chain, transportation and logistics solutions.

The transaction amount wasn't disclosed.

The transaction is subject to formal approvals by the relevant authorities and other customary closing conditions.

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