A.P. Moller – Maersk and China International Marine Containers (CIMC) have announced that the previously announced transaction has been terminated, whereby CIMC would acquire Maersk Container Industry (MCI), a manufacturer of refrigerated containers, from the Danish carrier.
The reason the deal has stalled is because of significant regulatory challenges preventing the transaction from closing.
The proposed divestiture was announced on 28 September 2021 and was expected to close in 2022.
“It is...
https://container-news.com/stop-on-maersks-divestment-of-mci/