Hapag-Lloyd Adds Scale and Density — Panjiva
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Hapag-Lloyd Adds Scale and Density

Corp - Shipping 1027 Logistics 476 Mergers 220 Mode - Containerized 1524 Mode - Seaborne 1845

Hapag-Lloyd has confirmed it will acquire United Arab Shipping Company, after talks were launched on April 21. The original terms assumed Hapag-Lloyd shareholders would have 72% of the new company. The shares of Hapag-Lloyd are now 14% higher than the day before talks were launched, whereas those of UASC are down by 30%.   So,

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