MSC Reaches Deal to Acquire Bolloré’s Africa Logistics Business for 5.7 Billion Euros
The world’s largest shipping line, Mediterranean Shipping Company (MSC), has reached an agreement to acquire 100% the African logistic business of
The world’s largest shipping line, Mediterranean Shipping Company (MSC), has reached an agreement to acquire 100% the African logistic business of
Finnish-based Cargotec and Konecranes have cancelled plans for a proposed merger after UK competition regulators blocked the transaction over concerns that it
By Antonio Vanuzzo and Giulia Morpurgo (Bloomberg) — Italian billionaire Gianluigi Aponte’s Mediterranean Shipping Co. will take a minority stake
By Alberto Brambilla, Daniele Lepido and Chiara Albanese (Bloomberg) — Italy’s government is set to approve the start of the process to sell ITA
A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday its intention to acquire U.S.-based trucking company
PARIS, Jan 31 (Reuters) – French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French
The European Commission has rejected the proposed merger between South Korean shipbuilders Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai
By Mike Wackett (The Loadstar) – Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its
Seeking to bolster its end-to-end logistics solutions in Asia, A.P. Moller – Maersk has announced a deal to acquire Hong Kong-based LF Logistics in a
By Charles Daly (Bloomberg) — Aker BP ASA agreed to buy the oil and gas business of Lundin Energy AB in a $10 billion deal that creates the
By Ania Nussbaum and Christopher Jasper (Bloomberg) — MSC Mediterranean Shipping Co., the world’s second-biggest container line, offered to buy
Germany’s Federal Cartel Office is taking a closer look into the proposed sale of Maersk’s refrigerated container manufacturing unit to China
New Orleans-based Maritime Partners has acquired a large and diversified fleet of over 1,000 marine vessels from J. Russell Flowers, Inc. JRF’s fleet
By David McLaughlin (Bloomberg) S&P Global (NYSE: SPGI) won U.S. antitrust approval to buy IHS Markit (NYSE: INFO) – owners of The Journal Of
Offshore drilling contractors Noble Corporation (NYSE: NE) and Maersk Drilling have announced an agreement to combine the two companies, creating one of the
California-based communications company Viasat Inc. (NASDAQ: VSAT) has announced an agreement to acquire Inmarsat for $7.3 billion. The combination will create
Clean Sea Transport, the joint venture between MSEA Group, Arkview Capital, and Scorpio Tankers (NYSE:STNG), has acquired 100% interest in Marinvest’s
Teekay LNG Partners (NYSE:TGP), the LNG shipping arm of Teekay Corporation (NYSE: TK), has announced an agreement to to be acquired by investment firm
Canadian pension fund CPP Investments will acquire 100% ownership of Ports America from Oaktree Capital Management at a reported valuation of more than $4
China International Marine Containers has struck a deal with A.P. Moller – Maersk to acquire Maersk Container Industry, a leading manufacturer of
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