Singapore Cruise Centre sale

SATS, the publicly listed company which provides catering for Singapore Airlines and several other carriers operating in Singapore, has announced the purchase of the Singapore Cruise Centre for S$110 million. The operation, which includes terminals at HarbourFront Centre, Tanah Merah and Pasir Panjang, is currently owned by Singapore’s state-backed investment fund Temasek. SATS will buy the business through its SATS Airport Services and SATS-Creuers Cruise Services subsidiaries. SATS-Creuers is jointly owned by SATS and Creuers de Port de Barcelona, and already operates the Marina Bay Cruise Centre Singapore. SATS ...
The above snippet is the first part of an article sent to subscribers in Cruise Weekly's issue from 03 Oct 13

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