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17 February 2019 The on-line newspaper devoted to the world of transports 16:37 GMT+1

June 29, 2018

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Original news
Ok of the Chinese Antitrust to the acquisition of OOCL by COSCO Shipping and SIPG

The introduced offer a year ago has value of 6,3 billion dollars

The group Orient Overseas (International) Ltd. (OOIL) of Hong Kong has announced that all are satisfied the preconditions for the acquisition of its company of navigation Orient Overseas Contaner Line (OOCL) by shipowning group Chinese COSCO Shipping and of the harbour group Chinese Shanghai International Port (Group) Co. that a year it makes they have introduced a specific offer of the value of 6,3 billion dollars(on 10 July 2017).

Today in fact COSCO Shipping Holdings Co., holding of group COSCO Shipping, has received the green light to the operation of takeover by the office anti-monopolies of the Chinese civil service for the regulation of the market.

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