Cosco splashes $814m on stake in logistics company Cofco Fortune

Deal is part of a capital increase plan by the unit of state agricultural group Cofco

Cosco Shipping’s 10,020-teu container ship Cosco Pacific (built 2008).
Cosco Shipping’s 10,020-teu container ship Cosco Pacific (built 2008).Photo: Jonathan Boonzaier
Published 17 January 2023, 08:27Updated 17 January 2023, 08:27
Cosco Shipping HoldingsHong Kong