Cosco Shipping Holdings Co.’s sale of a container terminal in Long Beach, California has drawn interest from potential buyers including Blackstone Group LP and KKR & Co., people familiar with the matter said. Blackstone CEO Steve Schwarzman speaks during the Business Roundtable CEO Innovation Summit in Washington, DC on December 6. ( JIM WATSON / AFP/GETTY IMAGES )Suitors for the terminal were asked to submit their interest last week, according to the people. Representatives for Blackstone, EQT, KKR and Macquarie declined to comment. Canada’s Brookfield Asset Management partially owns TraPac, which operates container terminals in the ports of Los Angeles and Oakland.

Source: thestar December 13, 2018 13:52 UTC