Correction
Last month's editorial built a theoretical case where major US logistics assets might require investment. It raised the question whether such opportunities might attract overseas investors, given the history of the DP World acquisition of P&O Ports and current DHL Express restructuring. In the process, the column overstated the ownership stake AIG has in Ports America.
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According to Ports America, its investor is, “a major infrastructure fund, Highstar III, which includes greater than 80 limited partners, mostly institutional investors. AIG is one of the limited partners with a less than 9% stake.”
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