COSCO moves in on South American port
COSCO SHIPPING Ports Limited will establish its first greenfield subsidiary in South America by acquiring 60% stake in Terminales Portuarios Chancay S.A. (Chancay Terminal) from Volcan Compañía Minera S.A.A. for US$225m, with an initial payment of US$56m.
COSCO SHIPPING Ports Limited will establish its first greenfield subsidiary in South America by acquiring 60% stake in Terminales Portuarios Chancay S.A. (Chancay Terminal) from Volcan Compañía Minera S.A.A. for US$225m, with an initial payment of US$56m.
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