Wallenius Wilhelmsen Receives Australian Approval To Sell MIRRAT To Qube Unit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
0mins
Source: NASDAQ.COM
Sale Approval: Wallenius Wilhelmsen ASA received approval from the Australian Competition and Consumer Commission for the sale of its unit Melbourne International RoRo & Auto Terminal Pty Ltd to Australian Amalgamated Terminals for A$332.5 million, expected to close on May 1.
Continued Operations: The company will continue to use MIRRAT post-sale, ensuring that customers maintain access to services, while reaffirming Australia's significance in its logistics network.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
