Why China's port giants are sitting out the big M&A cycle
Avoiding the post-mortem
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© Dragan Andrii
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Dreamstime.com
Friday 17 November was another record day for Brazil’s Wilson Sons, its stock reaching a new record of BRL15.45 ($3.11), for a market cap of about $1.4bn.
While, incidentally, neighbour Argentina is going through an identity crisis, as proven by the results of the presidential elections*, ’Brazil + shipping’ is very much attractive, for two reasons.
(*In this respect: CH Robinson was fast to leave Argentina, in future exploiting forwarding agents ties in the country; the US-based 3PL and Denmark’s Maersk were both ...
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