Apollo and partners buy Atlas Air for $3.2bn
Atlas Air is to be wholly acquired by Apollo funds, together with JF Lehman and ...
Bloomberg’s Chris Hughes writes: “Apollo Global Management’s reputation for M&A savvy is suddenly under threat. The U.S. buyout firm this week encountered a potential challenge to its agreed $4.4 billion deal for U.K. packaging company RPC Group Plc. Tactics that avoided an auction have now left it unable to fight back against an interloper.”
More blank sailings on the cards as ocean spot rates continue to tumble
Rhine closes to barge traffic, with water depth set to hit record lows
China trade surplus under threat as peak season collapses and demand cools
Liverpool dockers vote to strike over pay, as stoppage at Felixstowe looms
South Korean government should sell its HMM shares in stages
Carriers plan for more strikes at Felixstowe as docker resolve hardens
Rhine closure imminent as low water hobbles freight movement by barge
M&A radar: MSC (vs Mærsk) – a bit Amazon, a bit UPS. With an eye on Schenker...
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