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Cosco Pacific to sell stake in CIMC to Cosco Group for $1.2bn

2013-05-22 01:00:00| Ship Technology

Cosco Pacific, a container-terminal unit of shipping firm China Cosco Holdings, has agreed to sell its entire 21.8% stake in China International Marine Containers (CIMC) to its parent for $1.22bn.

Tags: group sell pacific stake

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