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Maersk Line to Pay $4 Billion for Hamburg Süd

COPENHAGEN, April 28 (Reuters) – The world’s biggest container shipping company Maersk Line will pay 3.7 billion euros ($4.02 billion) for its acquisition of smaller German rival Hamburg Sud, it said on Friday. Combined, the two companies will be able to realise annual operational savings of about $350 million to $400 million, Maersk Line said […]

The post Maersk Line to Pay $4 Billion for Hamburg Süd appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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Maersk Line to Pay $4 Billion for Hamburg Süd

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