MSC aims to buy around 50pc stake in Hamburg’s HHLA

Capt. John

MEDITERRANEAN Shipping Company (MSC) plans to purchase around 50 per cent of Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), according to London’s Port Technology. Under a binding Memorandum of Understanding (MoU) with the Free and Hanseatic City of Hamburg, MSC aims to purchase all of HHLA’s free-floating A-Shares and announce the start of a voluntary public takeover offer. HHLA would be run as a strategic joint venture, with the City owning 50.1 per cent and MSC eventually owning 49.9...

https://www.seanews.com.tr/msc-aims-to-buy-around-50pc-stake-in-hamburgs-hhla/198361/

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