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Hong Kong’s China Merchants Port is to buy the stakes of France’s CMA CGM in Odesa’s container terminal and nine other ports around the world.

Hong Kong’s China Merchants Port is to buy the stakes of France’s CMA CGM in Odesa’s container terminal and nine other ports around the world.

Hong Kong’s China Merchants Port is to buy the stakes of France’s CMA CGM in Odesa’s container terminal and nine other ports around the world. Valued at nearly $1 billion, the deal is to close this spring. Based in Marseille, CMA CGM S.A. is one of the world’s top five container transportation and shipping companies.

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