Arcus European Infrastructure Fund is set to sell its shares in Forth Ports, one of the UK’s largest port groups, to the Public Sector Pension Investment Board (PSP Investments).
Following the transaction, Canada’s PSP, which already has a stake in Forth Ports, will become the majority shareholder.
Forth Ports owns and operates eight commercial ports in the UK, including Tilbury, Grangemouth, Dundee, Rosyth and Leith.