America Blocks!  CIMC abandons US$1 billion acquisition of Maersk’s reefer manufacturing business

America Blocks! CIMC abandons US$1 billion acquisition of Maersk’s reefer manufacturing business

Latest News: CIMC Group announced on the evening of August 25 that the company originally planned to purchase Maersk Container Industries, a subsidiary of APMM. At present, due to the huge uncertainty in the review of the concentration of operators, the transaction prerequisites stipulated in the Equity Purchase Agreement may not be reached. Therefore, both…

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