China Merchants in talks to invest in CMA CGM port assets
China Merchants Group is negotiating the purchase of CMA CGM port assets, as the Chinese state-owned company pursues a global diversification strategy and aim to increase capacity, informed sources say.
BY BLOOMBERG NEWS
China Merchants Group is in talks to invest in port assets owned by French shipping company CMA CGM as the state-owned firm seeks to diversify geographically and boost capacity, people familiar with the matter said.
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