China Merchants said to consider taking majority stake in Loscam

China Merchants said to consider taking majority stake in Loscam

An employee walks past molds stacked on pallets at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, on Thursday, Aug. 9, 2018. Demand for coins and minted bars was a little sluggish over the past year as Donald Trump's earlier win in the presidential poll prompted investors to divert funds into stocks, bonds and property, said Perth Mint's Chief Executive Officer Richard Hayes on Aug. 8. Photographer: Carla Gottgens/Bloomberg

State-owned China Merchants Group is considering a sale of pallet maker Loscam amid interest from investors including Asian buyout firms, people familiar with the matter said.

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