Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Forwarders are “allowing the fox into the chicken run” by supporting carriers that also work ...
Maersk has closed its acquisition of Hamburg Süd after it cleared the final regulatory approval with Korea’s Fair Trade Commission go-ahead.
The purchase had to gain regulatory approval in 23 jurisdictions, the Korean decision coming almost a year after the acquisition was announced.
Maersk Line will acquire Hamburg Süd for €3.7bn on a cash and debt-free basis, with the deal financed through a syndicated loan facility.
Chief executive of the Danish carrier Soren Skou said the deal’s approval was an “important” milestone in Maersk’s strategy ...
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