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Chinese firms in talks to join group to buy CK Hutchison’s ports

Chinese language ports operator China Cosco Transport Company is among the many corporations in talks to take part in a world consortium searching for to purchase 43 ports from billionaire Li Ka-shing-owned CK Hutchison, Bloomberg Information reported on Thursday.

CK Hutchison stated final month that Mediterranean Transport Firm, run by the household of Italian billionaire Gianluigi Aponte, was the principle investor in a gaggle searching for the portfolio of ports, which incorporates two close to the Panama Canal, for $22.8 billion.


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Ryan

Ryan O'Neill is a maritime enthusiast and writer who has a passion for studying and writing about ships and the maritime industry in general. With a deep passion for the sea and all things nautical, Ryan has a plan to unite maritime professionals to share their knowledge and truly connect Sea 2 Shore.

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