China’s state run shipping conglomerate China Cosco Shipping Corporation is in talks to take a stake of up to 49% in Russia’s largest state run shipping firm, Sovcomflot, according to reports published in Russian newspaper Nakanune. Cosco has tabled a bid to take an intitial 30% stake, rising to...
https://splash247.com/cosco-in-talks-to-take-49-stake-in-sovcomflot/