Clasquin sees margins squeezed in H1 as MSC takeover awaits clearance
French freight forwarder Clasquin, currently the subject of a takeover offer by the world’s largest ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
The world’s fourth-largest shipping line is pressing ahead with its plans to partially list on the Frankfurt stock exchange, possibly as early as the autumn, according to sources interviewed in this Wall Street Journal article. Three lead banks are understood to have been appointed to arrange the listing, which will “provide Hapag-Lloyd with cash to reduce its relatively high net debt of €3.35bn and help it to play an active role in ongoing industry consolidation, bankers said, pointing to Singapore’s rival Neptune Orient Lines as a potential partner”.
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