China Merchants acquires 90% of Brazil's Paranagua port - American Shipper (subscription)

China Merchants acquires 90% of Brazil's Paranagua port
American Shipper (subscription)
The acquisition of a 90 percent stake in TCP Participações S.A., the operator of the second largest port in Brazil, will cost the China Merchants Port Holdings $920 million as the Chinese company looks to kickstart its expansion into South America.e mais »