|
|
Article: Yucaipa Leads US$2.0 Billion Global Restructuring of Eimskip.
- Article from:
- PR Newswire Europe
- Article date:
- June 30, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
LOS ANGELES, June 30 /PRNewswire/ --
- Also announces a major investment in Versacold, the largest global integrated cold storage network
Los Angeles based investment firm, The Yucaipa Companies, LLC ("Yucaipa") announced today the US$2.0 billion global restructuring of Hf. Eimskipafelag Islands ("Eimskip"), the largest shipping and logistics company in Iceland and the North Atlantic. Yucaipa worked with Eimskip and Landsbanki to formulate a strategic plan that would allow the company to return to its core shipping and logistics business. Yucaipa's commitment to fund new equity into Eimskip marks the first major investment by a U.S. firm since ...