WSC appoints Soren Toft and Randy Chen as new chair and vice chair
MSC boss Soren Toft and Randy Chen, vice chairman of Wan Hai, have become chair ...
Photo 163346818 | British © Gary Hider | Dreamstime.com
Global investment fund leader BlackRock is now effectively backing the world’s largest shipping line – a mostly overlooked facet of its deal to take over Global Infrastructure Partners (GIP) in a whopping $12.5bn transaction announced last Friday.
Imagine that – MSC is on the verge of being given a golden card to the world’s largest cashpoint [ATM].
Most directly
BlackRock will own a minority stake in MSC’s port arm Terminal Investment Ltd (TIL), and this could be a big deal because via MSC’s partnership ...
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