Tag: COSCO

  • China’s COSCO Shipping wins U.S. security clearance for OOIL deal

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    BEIJING – China’s COSCO Shipping Holdings (601919.SS) (1919.HK) said on Sunday a key U.S. review body has cleared its planned $6.3 billion acquisition of shipping firm Orient Overseas International Ltd (OOIL)(0316.HK) on security issues. COSCO said on June 30 that all pre-conditions for the OOIL offer made last year had been met after receiving approval […]

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