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Seafreight Forwarding Market Research & Clinical Advancements by 2030 | Agility Public Warehousing Company KSCP, C.H. Robinson Worldwide Inc., CEVA Logistics AG, CJ Logistics Corp., Deutsche Bahn AG, Deutsche Post AG, DSV Panalpina A/S, Hellmann Worldwide Logistics SE & Co. KG, Kuehne + Nagel International AG, and United Parcel Service Inc.. – KSU

Seafreight Forwarding Market Research & Clinical Advancements by 2030 | Agility Public Warehousing Company KSCP, C.H. Robinson Worldwide Inc., CEVA Logistics AG, CJ Logistics Corp., Deutsche Bahn AG, Deutsche Post AG, DSV Panalpina A/S, Hellmann Worldwide Logistics SE & Co. KG, Kuehne + Nagel International AG, and United Parcel Service Inc.. – KSU
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S. Korea's CJ picks FountainVest as buyer for China logistics firm in $1.1bln deal - source


By Reuters Staff
1 Min Read
HONG KONG, Feb 10 (Reuters) - Private equity firm FountainVest Partners is to buy Chinese logistics firm CJ Rokin from South Korea’s CJ Logistics Corp in a deal that gives Rokin an enterprise value of 6.9 billion yuan ($1.07 billion), a source said on Wednesday.
The source, who has with direct knowledge of the matter, declined to be identified as the proceedings, including the signing of the sale agreement by FountainVest Partners, were not public.
Bloomberg reported on advanced talks between CJ and FountainVest earlier on Wednesday.
CJ Group had hired Morgan Stanley to run the sale of Shanghai-based CJ Rokin Logistics Supply Chain Co. ....

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