News / MSC bid for Hamburg terminal operator HHLA on the verge of success

Photo: HHLA/Thies Rätzke

MSC’s quest to purchase a 49.9% stake in Hamburg terminal operator HHLA has entered its final stage, after it was revealed yesterday that the carrier and the Hamburg municipality together now control over 90% of its shares.

HHLA announced yesterday that MSC subsidiary Port of Hamburg Beteiligungsgesellschaft’s voluntary public takeover offer to HHLA shareholders had been successful enough to push the combined shareholding of the City of Hamburg and MSC past the vital 90% mark, when they will be able to ...