HomeUncategorizedChina’s COSCO SHIPPING Holdings to pay over $800 million for 5.8% stake...

China’s COSCO SHIPPING Holdings to pay over $800 million for 5.8% stake in COFCO Fortune

January 16, 2023

BEIJING/HONG KONG (Reuters) – China’s COSCO SHIPPING Holdings has agreed to pay 5.5 billion yuan ($814 million) to buy a 5.8% stake in COFCO Fortune, a food processing and logistics unit of Chinese state agricultural conglomerate COFCO…
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China’s COSCO SHIPPING Holdings to pay over $800 million for 5.8% stake in COFCO Fortune

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