KKR Enters Final Bidding for ABP, Valuing UK Ports at £10 Billion

KKR & Co., Apollo Global Management, and IFM Investors reached the final bidding round for a majority stake in Associated British Ports (ABP).

The Canada Pension Plan Investment Board (CPPIB) and Omers Administration Corp. are selling their combined 64% interest in the operator.

The potential transaction values the UK’s largest port operator at approximately £10 billion ($13.6 billion).

ABP operates 21 ports across England, Scotland, and Wales.

The company handles roughly 25% of all UK seaborne trade.

The bidding process remains ongoing with no guarantee of a final agreement.