ABN AMRO to sell Maas Capital


ABN AMRO is set to sell Maas Capital, an independent subsidiary of the bank, to investment vehicles managed by EnTrust Global. The portfolio consists of 15 controlling and non-controlling stakes in shipping, intermodal and offshore services related assets.
The sale accelerates the wind-down of the bank’s non-core activities, as announced in August 2020. ABN AMRO remains strongly committed as a debt financier for the European shipping sector. Going forward, ABN …

The post ABN AMRO to sell Maas Capital appeared first on The Loadstar.

Source: The Loadstar

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