3i to buy Dockwise Transport

U.K. buyout shop 3i Group PLC said today it has agreed to acquire Netherlands-based Dockwise Transport NV, transporter of heavy machinery for the marine oil-and-gas industry, in a deal valued at about $700 million, Dow Jones reports. Heerema Group, a Dutch oil-and-gas services company, and Wilhelm Wilhelmsen ASA, a Norwegian shipping company, are the sellers. www.dockwise.be www.3igroup.com