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EconomyExclusive: State-backed Shanghai port group in talks to buy LME-approved warehouse firm

Shanghai International Port Group, which is state-backed, is negotiating to acquire H&M Metal Warehousing, a firm approved by the London Metal Exchange, with Chinese government approval, two people familiar with the talks told Reuters.

acquisition talksShanghai International Port Groupmetal warehousing

RReuters★★☆☆☆2026-10-12 13:25Original

Exclusive: State-backed Shanghai port group in talks to buy LME-approved warehouse firm
Exclusive: State-backed Shanghai port group in talks to buy LME-approved warehouse firmEconomy