COSCO wins EU Clearance for buyout of container shipping rival OOIL
Reed Smith recently advised client Orient Overseas (International) Limited, OOIL, on its acquisition by COSCO Shipping. Both Lines are part of the Ocean Alliance and represent two of the biggest Shipping Lines in China.
The Reed Smith competition team was led by partner Marjorie Holmes.
COSCO was represented by Paul Hastings in Paris and Brussels.
Source: Reed Smith