Hapag-Lloyd Investor Confirms Approach from CMA CGM, Says Takeover Should Go Other Way Around
2018-07-16 11:56

Hapag-Lloyd Investor Confirms Approach from CMA CGM, Says Takeover Should Go Other Way Around

by Patrick Fach-Pedersen
Hapag-Lloyd Investor Confirms Approach from CMA CGM, Says Takeover Should Go Other Way Around

One of Hapag-Lloyd’s largest shareholders has brushed off an approach by CMA CGM for merger talks.

Any such deal could create the largest container shipping line in the world.

Alphaliner reports that, on the side lines of the company’s AGM in Hamburg yesterday, Hapag-Lloyd 21.4% shareholder Klaus Michael Kuehne confirmed the approach had been made.


Source: gCaptain (OK)

Source: gCaptain