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Article: BRIEFING - ASIA JOINT VENTURES - AUG 25, 2006.
- Article from:
- AsiaPulse News
- Article date:
- August 25, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on joint ventures for Aug 25, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
DANISH SHIPPING GIANT JOINS HANDS WITH COSCO PACIFIC
BEIJING - Denmark-based A.P. Moller-Maersk Group (APM) will acquire a 33.9 per cent stake of COSCO Nansha Company, owned by Hong Kong-based COSCO Pacific Limited (SEHK:1199), according to a cooperation agreement recently signed between COSCO Pacific Limited and APM.
Under the agreement, APM will indirectly hold 20 per cent stake of Nansha Port Container Company, a joint venture between ...