Blackstone, KKR said to pursue USD 1 billion container terminal

A series of major equity managers are mentioned as potential buyers for OOCL's Long Beach container terminal on the US West Coast. The terminal has been put up for sale as part of Cosco's acquisition of the Hong Kong-based shipping line.

BY GILLIAN TAN AND VINICY CHAN, BLOOMBERG

Cosco Shipping Holdings Co.'s sale of a container terminal in Long Beach, California has drawn interest from potential buyers including Blackstone Group LP and KKR & Co., people familiar with the matter said.

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Sale of OOCL's key US terminal underway
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Cosco had to surrender key terminal to bag US approval
Cosco gets US approval for OOIL acquisition
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