Two U.S. Federal Maritime commissioners concerned about foreign ownership of American supply chains want federal officials to conduct a “full and thorough review” of the proposed purchase of Ports America by a Canadian pension fund.
In a letter sent last week to U.S. Treasury Secretary Janet Yellen, FMC Commissioners Carl Bentzel and Louis Sola warned that the proposed acquisition by the Canada Pension Plan Investment Board (CPP Investments) could run counter to U.S. economic interests.
“CPP...
https://www.freightwaves.com/news/us-regulators-balk-at-billion-dollar-takeover-of-ports-america