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1442 — Infinity Logistics and Transport Ventures News Story

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Infinity Logistics to acquire Glencore's warehousing operation for $177 mln

LONDON, Jan 31 (Reuters) - Infinity Logistics and Transport
Ventures  1442.HK  said on Monday in a regulatory statement it
would acquire Glencore's  GLEN.L  warehousing and logistics
business Access World for $176.7 million.
    Infinity Logistics is engaged in the provision of integrated
freight forwarding services, logistics centers and related
services and railroad transportation services.
         

 (Reporting by Pratima Desai; editing by Gareth Jones)
 ((pratima.desai@thomsonreuters.com; +44 207 513 5681;))

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