Chinese Shipper Seeking Revamp Said to Ask Banks to Join Loan

  • Tianjin Tianhai invites lenders to join the $4.27 billion loan
  • Facility is to back its proposed acquisition of Ingram Micro

A Chinese container shipping firm has asked banks to join a loan backing its proposed acquisition of a U.S. computer distributor as it tries to transform itself into a general logistics operation, according to people familiar with the matter.

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