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Asian groups seek to acquire Brazilian terminals

Three Asian groups are interested in acquiring two container terminals up for sale by Brazilian private port operator Wilson Sons, Brazilian newspaper Valor Economico reported on Thursday (Nov.8).

Singapore’s PSA, China’s Hutchison Port Holding and China Merchant Port Holdings have delivered non-binding proposals for terminals in Salvador, in the northeastern state of Bahia, and Rio Grande, in the southern state of Rio Grande do Sul, the paper said, without disclosing its source.

 Read more on Reuters.
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