MSC makes takeover bid for Brazil’s Log-In Logistica

Mediterranean Shipping Co (MSC) has lodged a bid to take over Brazil’s Log-In Logistica Intermodal. MSC said in a statement it would be offering 25 reais ($4.79) per share for at least 62% and at most 67% of Log-In’s total issued and outstanding shares. The bid values Log-In at 2.65 billion reais...

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