Leading container terminals in Australia’s top four ports could be heading into China Merchants Group (CMG) control.
In a bland statement issued this month, Asciano confirmed media reports that the group was in negotiations for “a potential sale of a non-controlling interest in its Terminals & Logistics business division”, ie Patrick.
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This complete item is approximately 300 words in length, and appeared in the July 2014 issue of WorldCargo News, on page 7. To access this issue download the PDF here.
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