IFM-managed fund agrees to acquire majority stake in Associated British Ports

A fund managed by IFM Investors has agreed to acquire a 63.9% stake in Associated British Ports (ABP), one of the United Kingdom’s largest port operators.

The agreement involves the acquisition of the entire shareholdings held by Canada Pension Plan Investment Board (CPP Investments) and OMERS.

CPP Investments will sell its 33.9% interest, while OMERS will divest its 30% stake. The transaction will give the IFM-managed fund majority ownership of ABP, subject to the required approvals.

The financial terms of the agreement have not been disclosed. Completion is expected during the first half of 2027.

This story was originally published by Container News. Read the full story at Container News →