Tuesday, January 14, 2014

Will Hapag Lloyd find a partner?

Hapag Lloyd has been looking for a partner for a few years.  The latest is a deal with CSAV.
Some say Hapag Lloyd will buy CSAV.  Others say...

The current deal on the table is for a 70/30 split, with CSAV taking a 30% stake in the resultant company, but according to a WSJ source some Hapag-Lloyd shareholders are pushing for 73%.
It also remains uncertain whether the Chileans' 54 vessels will be part of the deal, or just leased to Hapag-Lloyd. If an agreement is reached, the merged entity will be the fourth largest container line in the world.

From Seatrade Global

1 comment:

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