MSC Begins Offering to Acquire Shares of Hamburg Port Operator HHLA
2023-10-25 11:45

MSC Begins Offering to Acquire Shares of Hamburg Port Operator HHLA

"MSC Mediterranean Shipping Company is moving forward with its offer to acquire half of the operating company for the Port of Hamburg, Germany as it looks to form a joint venture with the city designed to expand MSC’s operations in the port and enhance the port’s role in global trade. The company on Monday, October 23, released its offering documents to acquire the Class A shares of Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) in a deal valued at €1.4 billion." See the original story at: The Maritime Executive.

Source: The Maritime Executive