20-04-2018 23:58 via topix.com

U.S. Questions Cosco's Takeover of Cargo Terminal in Long Beach

Chinese shipping giant willing to divest California port operations to clear CFIUS review of $6.3 billion takeover of Asian rival A U.S. national-security review has raised concerns about Chinese state-run conglomerate Cosco Shipping Holdings Co. taking control of a large container terminal in Long Beach, Calif., according to people familiar with the matter.
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