Comment / German M&A redux: from Schenker to HHLA – 'price or politics?'

ID 114931839 © Shaiith | Dreamstime.com

There’s a lot of political interest in the Hamburger Hafen und Logistik (HHLA) takeover story, the biggest action in M&A at the moment in our transport and logistics field.

But what if, as is so often the case, the final deal outcome was just a matter of price?

Proxy 

Because the winning of HHLA by MSC could also be a proxy for the divestment of DB Schenker (DBS) by parent company Deutsche Bahn, on a significantly larger scale value-wise, while staff- and strategy-related ...