MPC Container Ships snaps up Songa Container for $210m

PRESS RELEASE 

MPC Container Ships ASA signs agreement to acquire Songa Container AS and operational update

Oslo, 22 June 2021 – MPC Container Ships ASA (“MPCC” or the “Company”) is pleased to announce that it has entered into a share purchase agreement to acquire Songa Container AS (“Songa”) for an aggregate purchase price of USD 210.25 million on a debt and cash free basis (the “Transaction”). Upon closing of the Transaction Songa’s fleet will comprise 11 ...