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News / Hamburg Süd buy will cost Maersk $4bn, but could save $500m a year

Hamburg Sud's Cap San Augustin
Cap San Augustin
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Maersk Line is to pay $4.03bn to acquire Hamburg Süd, following approval from the boards of both carriers.

The takeover, announced in December, had been expected to cost $3.2-$5.4bn and create $350m-$400m in annual operational synergies.

However, one banking source told The Loadstar the numbers seemed “somewhat low”, and suggested ...

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