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Korea M&A Corporation
Container-Port Squeeze Drives Deal Boom 본문
HONG KONG -- The scramble by port operators to invest in the bustling wharves of southern China is evident even in the smallest of deals -- like Hutchison Port Holdings' latest acquisition, an incremental purchase in the biggest port of China's busiest manufacturing region.
Hutchison, the world's largest operator of container terminals by volume handled, plans to spend 270.63 million yuan ($36 million) to increase its share of Shenzhen Yantian West Port Terminals Ltd. to 65% from 41.7%, according to a filing made to the Shenzhen stock exchange. The facility, in the city of Shenzhen, is adjacent to one that ...
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