Comment / M&A radar: MPC Container strikes in race for scale – from rags to riches

ABCA
By

“MPC Container Ships is pleased to announce that it has entered into a share purchase agreement to acquire Songa Container for an aggregate purchase price of USD 210.25 million on a debt and cash free basis. (…)” – MPC Container Ships (MPCC), 23 June 2021.

Ever heard of Norway’s MPCC? No?

Then I am in good company, but I’m really pleased to share its solid Q1 achievements from earlier this year, for background purposes (click to expand the table below).

Let’s be serious: as a wise Premium ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Danaos Global Ship Lease M&A radar MPC Container Ships non-operating container ship owners Seaspan Songa Container Takeover Talk