Hapag-Lloyd emerges as potential HMM bidder

The emergence of Hapag-Lloyd as a contender for the acquisition of South Korean carrier HMM is not a surprise, given that the company is up for sale and other major lines have made large profits over the past two years.

Local media reports say that Hapag-Lloyd requested an Information Memorandum from Samsung Securities and is considering entering the race for HMM with its advisors Goldman Sachs.

The state-owned finance institutions Korea Development Bank (KDB) and Korea Ocean Business Corp (KOBC)...

https://container-news.com/hapag-emerges-as-potential-hmm-bidder/

Leave a Comment