M&A radar: Cargotec + Konecranes merger – increasingly shaky, with two ‘buts’

Capt. John

One of the biggest mergers in the container handling equipment sector – a key provider to the supply chain – is looking increasingly shaky by the day, as competition regulators around the world begin to voice their opposition.
The proposed merger of two Finnish engineering behemoths in the sector – Cargotec and Konecranes* – both listed on the Helsinki Stock Exchange and hitherto very much fierce competitors, appears to be on …

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https://theloadstar.com/ma-radar-cargotec-konecranes-merger-increasingly-shaky-with-two-buts/

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