je.st
news
CMPort to buy 90% stake in Brazil's TCP for $923m
2017-09-05 01:00:00| Ship Technology
China Merchants Port Holdings Company (CMPort), via its wholly owned Kong Rise Development, has signed a share purchase agreement with TCP Participaçes (TCP) to purchase 90% stake in Brazil's Port of Paranaguá for a sum of roughly HK$7.2bn ($923m).
Tags: buy
tcp
stake
brazils
Category:Transportation and Logistics