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China Merchants to buy 90% stake in Brazil's most profitable port

Sao Paulo

CHINA Merchants Port Holdings Co Ltd has agreed to buy 90 per cent of TCP Participações SA, Brazil's most profitable port terminal, for about 2.9 billion reais (S$1.3 billion), a sign of growing interest in assets across Latin America's No 1 economy.

China Merchants said...

sentifi.com

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