Cosco seeks at least 20% stake in $23 billion Panama Canal ports deal, FT reports
ReutersAug 8, 2025 5:29 AM
Aug 8 (Reuters) - China's state-owned shipping giant Cosco 601919.SS aims to secure at least 20%-30% stake in a $23 billion ports deal involving strategic assets in the Panama Canal, as Beijing moves to renegotiate the terms of a sale previously praised by U.S. President Donald Trump, the Financial Times reported on Friday.
Reuters could not immediately verify the report.
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