China’s Cosco Eyes Veto Rights in Deal for Tycoon Li’s Ports

China’s Cosco Eyes Veto Rights in Deal for Tycoon Li’s Ports

China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and is requesting a powerful role in the group in order to secure Beijing’s blessing for the controversial deal, people familiar with the matter said.

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