China’s Cosco eyes bid for Greece’s largest port: paper

Chinese shipping group Cosco is considering investing one billion euros (US$1.34 billion) in Greece’s largest port at Piraeus (OLP), which is on the government’s privatisations agenda, financial daily Imerisia said. “The Chinese group would be interested in acquiring a 60 per cent stake in OLP,” the paper said without citing sources.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1128397/chinas-cosco-eyes-bid-greeces-largest-port-paper