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Southern Cross Group Invests in Sociedad Portuaria Regional de Barranquilla (Latin America)

Posted on: 16 Nov 2012  |  Source: Portafolio  |  Author: Cesar Augusto Giraldo Briceño

Latin America-focused private equity firm Southern Cross Group has acquired more than 50 percent of Sociedad Portuaria Regional de Barranquilla (SPRB), the operator of the Colombian port of Barranquilla. Southern Cross made the investment through its Southern Cross IV private equity fund. While financial details of the transaction were not disclosed, Southern Cross plans to invest US$100 million into the port over the coming years.

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