Cosco seeks at least 20% stake in $23 billion Panama Canal ports deal, FT reports-March 2024-www.financetom.com

Cosco seeks at least 20% stake in $23 billion Panama Canal ports deal, FT reports

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Cosco seeks at least 20% stake in $23 billion Panama Canal ports deal, FT reports

Aug 7, 2025 9:31 PM

Aug 8 (Reuters) - China's state-owned shipping giant

Cosco 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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