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Cosco Shipping and SIPG offer $6.3bn to buy OOIL

2017-07-11 01:00:00| Ship Technology

Cosco Shipping Holdings and Shanghai International Port (SIPG) have made a joint offer to purchase all issued shares of Orient Overseas International (OOIL) for HK$49bn ($6.3bn) at an offer price of HK$78.67 ($10.06) in cash.

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Category:Transportation and Logistics

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