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MSC, BlackRock Said to Be in Talks with CN Authorities Over CKH HOLDINGS Port Deal
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Shipper MSC and BlackRock have held face-to-face talks with Chinese authorities in recent weeks over a port deal with CKH HOLDINGS (00001.HK) in an attempt to ease tensions between the US and China over the Panama Canal, Financial Times quoted sources as saying. It is understood that the two parties are currently exploring ways to secure approval for the deal from Chinese regulators, while MSC and BlackRock are still discussing potential changes to the final deal structure with CKH HOLDINGS, in the hope that the revised agreement will be satisfactory to both the Chinese and US governments. AAStocks Financial News Website: www.aastocks.com |
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