Two Tianjin terminals merge
Tianjin Port Development (TPD) has acquired 56.81% of rival Tianjin Port Holdings, which also manages the Chinese Port. TPD is to issue new shares to finance the $1.4bn transaction.
Tianjin Port Development (TPD) has acquired 56.81% of rival Tianjin Port Holdings, which also manages the Chinese Port. TPD is to issue new shares to finance the $1.4bn transaction.
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