El transportista chino COSCO Shipholding adquirirá una participación del 5,8% en COFCO Fortune, una unidad de logística y procesamiento de alimentos propiedad del conglomerado agrícola estatal chino COFCO. COSCO pagará 5500 millones de RMB (813 millones de USD) por la participación, que se venderá...
COFCO
COSCO pays over US$800 million for minority stake in COFCO Fortune
COSCO Shipping Holdings has agreed to acquire a 5.8% stake in COFCO Fortune, a food processing and transportation subsidiary of the Chinese state agricultural conglomerate COFCO, for US$814 million.
The transaction is part of a COFCO Fortune capital enhancement strategy, according to a recent stock exchange filing by COSCO SHIPPING Holdings.
Meanwhile, COFCO and other parts of the company will maintain a combined 69.8% ownership in COFCO Fortune following the conclusion of the capital raising...
https://container-news.com/cosco-pays-over-us800-million-for-minority-stake-in-cofco-fortune/