MSC, the world's largest container shipping company, announced a major acquisition
Release time:
2023-09-20
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According to the latest information from One Shipping, MSC, the world's largest shipping company, and HPL, the world's fifth largest shipping company, are both eyeing the operational control of Hamburg Port, Germany's largest port. Both sides want to acquire a majority stake in Hamburg Port and Logistics Corporation (HHLA)!
It is reported that HHLA operates the largest port in Hamburg. Regarding this bidding, MSC stated that the Hamburg City Government has agreed to the acquisition terms. According to a statement, MSC and Hamburg Free Hanseatic City ('FHH ') have signed a binding agreement setting out the basic parameters and terms of the acquisition offer, as well as the mutual intentions of both parties and the understanding of the relevant company. MSC has recently launched a frenzied acquisition model with frequent moves.
It is reported that HHLA operates the largest port in Hamburg. Regarding this bidding, MSC stated that the Hamburg City Government has agreed to the acquisition terms. According to a statement, MSC and Hamburg Free Hanseatic City ('FHH ') have signed a binding agreement setting out the basic parameters and terms of the acquisition offer, as well as the mutual intentions of both parties and the understanding of the relevant company. MSC has recently launched a frenzied acquisition model with frequent moves.