{"id":77939,"date":"2024-04-16T00:00:00","date_gmt":"2024-04-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/"},"modified":"2024-04-16T00:00:00","modified_gmt":"2024-04-16T00:00:00","slug":"gips-acquisition-of-malaysias-biggest-port-operator-falls-through","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/","title":{"rendered":"GIP\u2019s acquisition of Malaysia\u2019s biggest port operator falls through"},"content":{"rendered":"

GIP\u2019s Malaysian acquisition plans tank: <\/strong>US-based investment firm Global Infrastructure<\/a>Partners<\/a> (GIP) has scrapped plans to acquire a 49% stake in Malaysia's largest port operator MMC Port Holdings<\/a> after failing to reach an agreement on the price for the stake, Bloomberg<\/a> reports, citing sources with knowledge of the matter. The outfit\u2019s owner, Syed Mokhtar Al Bukhary, was eyeing a USD 3.2 bn to USD 4.2 bn valuation for the firm, which would have represented Malaysia\u2019s largest ever port sale to date, Bloomberg writes. <\/p>\n","protected":false},"excerpt":{"rendered":"

GIP\u2019s Malaysian acquisition plans tank: US-based investment firm Global InfrastructurePartners (GIP) has scrapped plans to acquire a 49% stake in Malaysia's largest port operator MMC Port Holdings after failing to reach an agreement on the price for the stake, Bloomberg reports, citing sources with knowledge of the matter. The outfit\u2019s owner, Syed Mokhtar Al Bukhary, […]<\/p>\n","protected":false},"author":1,"featured_media":77940,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[149],"tags":[148,37],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-ports","wpautop","entry"],"acf":{"mongo_id":"37347b6f-08c8-404c-9060-f80acfb7a783","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/930.jpg","photo_position":"above","homepage_title":"","full_issue_title":"GIP\u2019s acquisition of Malaysia\u2019s biggest port operator falls through","related_issue":[77926],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.8c9881a0-2275-4e03-91fd-8d5e110fd0a3.mp3"},"yoast_head":"\nGIP\u2019s acquisition of Malaysia\u2019s biggest port operator falls through - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GIP\u2019s acquisition of Malaysia\u2019s biggest port operator falls through\" \/>\n<meta property=\"og:description\" content=\"GIP\u2019s Malaysian acquisition plans tank: US-based investment firm Global InfrastructurePartners (GIP) has scrapped plans to acquire a 49% stake in Malaysia's largest port operator MMC Port Holdings after failing to reach an agreement on the price for the stake, Bloomberg reports, citing sources with knowledge of the matter. The outfit\u2019s owner, Syed Mokhtar Al Bukhary, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/930.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GIP\u2019s acquisition of Malaysia\u2019s biggest port operator falls through\",\"datePublished\":\"2024-04-16T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/930.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AROUND THE WORLD\",\"PORTS\"],\"articleSection\":[\"Around the World\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/16\/gips-acquisition-of-malaysias-biggest-port-operator-falls-through\/\",\"name\":\"GIP\u2019s acquisition of Malaysia\u2019s biggest port operator falls through - 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