China Cosco's divestments so far

China Cosco is in the midst of a massive divestment process, selling valuable assets to the carrier's parent company in the hopes of maintaining the shipping conglomerate's stock listing.

BY KATRINE GRØNVALD RAUN

The shipping conglomerate China Cosco has gone through several major rounds of asset divestments in 2013 in the hopes of maintaining the company's listing on the Shanghai Stock Exchange. The buyer of the profitable assets is parent company Cosco Group, which is now ready to buy up assets from its subsidiary for the third time this year, in a scheme that, according to Alphaliner, means that China Cosco benefits from the divestments.

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