14.12.2015 - China Investment to jointly acquire majority interest in Turkish port
A Chinese consortium comprising sovereign wealth fund China Investment Corp., or CIC, will take a 65% stake in Kumport, Turkey's third-largest container port. CIC Capital along with China Merchants Holdings (International) and Cosco Pacific have established a special-purpose company to make the acquisition. Cosco Pacific parent China Ocean Shipping (Group) holds a stake in the port of Piraeus, in nearby Greece...............................................Full Article: Source
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