CJ Logistics’ Chinese Affiliate Snaps Up Wuhan Firm for 20 Billion Won

SEOUL, Nov. 16 (Korea Bizwire) — CJ Logistics Corp., the logistics arm of South Korea’s food and entertainment giant CJ, said Thursday its affiliate purchased a Chinese company for 20 billion won (US$18 million) as part of its efforts to boost its competitiveness in the neighboring market. CJ Logistics said its Chinese affiliate CJ Rokin [...]