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SingPost subsidiary acquires 80-percent stake in Dutch Rotterdam Harbour Holding

( July 21, 2015, 04:33 GMT | Official Statement) -- MLex Summary: Singapore Post Limited, or SingPost, announced that its subsidiary Famous Holdings has acquired 80 percent of the issued shares of Rotterdam Harbour Holding B.V. for 8.4 million euros ($9.2 million). Subject to certain performance targets being achieved, there may be an additional consideration of up to 3.6 million euros. The deal makes the Dutch company, which provides freight forwarding services for companies in Rotterdam harbor, an indirect subsidiary of SingPost.The company's statement is attached....

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