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

LONDON - 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.