Comment / M&A radar: Port mergers whet the appetite for further deals

AHAPPY
By

China’s bubbling M&A activity in the port market took another step recently when Cosco Shipping Ports bought a 34.99% equity stake in Tianjin Container Terminal (TCT) – this is simply the latest move in the ongoing merger of terminal capacity in the north-east Chinese port.

It is the latest result in a plan that was hatched around a year ago in which the three owners – Cosco, Tianjin Port Holdings and China Merchants – of container terminal interests in Tianjin, the gateway ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Antwerp China Merchants Cosco Shipping Ports Eurogate HHLA London Gateway M&A radar Port of Tilbury Port of Zeebrugge Port positions Tianjin port