Political fallout may delay Panama Ports Co sale to BlackRock-TiL
Tomorrow’s deadline for CK Hutchison to sell its 90% stake in Panama Ports Company (PPC) ...
A couple of things caught the attention of our marketplace in the immediate aftermath of the announcement that the world’s dominant container line, Mediterranean Shipping Company (MSC), is set to take majority control* of Brazil’s Wilson Sons (WS) in a deal initially worth almost $770m, that will ultimately value the target at $1.43bn, on a fully diluted basis.
(*Via a 56.47% stake; putting the target’s market cap $50m lower at $1.38bn on a non-fully diluted basis, as previously assumed here on ...
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'Restoring America's maritime dominance' – stop laughing at the back of the class
Hapag 'took the bigger risk' when it signed up to Gemini, says Maersk
Navigating tariffs: 'like trying to solve a Rubik's cube while colour-blind'
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