China Merchants closes in on Antong control

Splash 24713 Aug 2026AI generated

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China Merchants Group has renewed its push for control of domestic container shipping and logistics player Antong Holdings, more than a year after an earlier restructuring attempt fell apart. China Merchants Energy Shipping said wholly owned Sinotrans Container Lines has accumulated 632.25m Antong shares, giving the liner a 14.94% stake and making it the company’s …

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