A cargo ship boat model is pictured in front of the Mediterranean Shipping Company (MSC) logo in this illustration taken March 3, 2022. Dado Ruvic/Illustration
A cargo ship boat model is pictured in front of the Mediterranean Shipping Company (MSC) logo in this illustration taken March 3, 2022. Dado Ruvic/Illustration

MSC and Hamburg secure 92.3% of HHLA at end of second acceptance period - MSC

December 12th, 2023 | 11:40 AM TECH Disrupted 1

Facebook Twitter Google+ LinkedIn Pinterest
By Reuters

Swiss-based MSC secured 92.3% of port operator HHLA (HHFGn.DE) together with the German city of Hamburg after the end of a second acceptance period at midnight on Thursday, the world's biggest container shipping company said on Tuesday.

MSC had offered to buy almost half of the main operator of Hamburg port in September, with the city of Hamburg, which owns 69% of HHLA's A shares and all of its unlisted S-shares, retaining control with a 50.1% stake via the S-shares.

Related Posts

© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT