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Maersk Line Selling Subsidiary For Hamburg Süd | Latest News

Maersk Line Selling Subsidiary For Hamburg Süd

A.P. Moller-Maersk has agreed to sell off Mercosul Line, its Brazillian carrier subsidiary, in order to clear Maersk Line's takeover of Hamburg Süd with the Brazilian competition authorities. Hamburg Süd's ownership of Aliança Navegaçao, its East Coast ... read more

CMA CGM to Acquire Mercosul Line from Maersk Line

Maersk Line might have been prompted to sell the liner company as a way of making sure the relevant regulatory authorities approve the merger with the German carrier. Namely, Hamburg Süd already has a subsidiary in Brazil, Alianca Navegacao e Logistica ... read more

CMA CGM Agrees to Buy Mercosul from Maersk

Mercosul Line will continue its ... Earlier this year, Maersk agreed to sell Mercosul in order to satisfy Brazilian anti-trust regulators. Hamburg Süd controls Aliança, a Brazilian flag subsidiary that holds about 60 percent of the nation's total ... read more

Maersk to sell Mercosul Line

[cat_name] => Europe [category_nicename] => europe [category_parent] => 55 ) ) Maersk ... Line will divest itself of Mercosul Line, its Brazilian subsidiary, to appease the Brazilian competition authority CADE as it pushes through with the acquisition of ... read more

Oetker Sells Hamburg Süd to Maersk

August Oetker KG announces that, after more than 80 years, it is divesting its shipping business and will be selling Hamburg Süd ... of Maersk Line and the Moeller-Maersk group said in a statement. The German shipping line and its Brazilian subsidiary ... read more

Maersk will pay $4b for Hamburg Süd

In addition, Brazil is requiring Maersk to sell Brazilian cabotage subsidiary Mercosul Line. Included in the purchase are both Hamburg Süd's subsidiary Aliança as well as the tramping business of Hamburg Süd, which deploys 50 bulk carriers and product ... read more

CMA CGM acquires Mercosul from Maersk Line

Maersk Line declared the intention to sell its Brazilian cabotage carrier in order to remove any possible concerns from competition regulators over its acquisition of German shipping line Hamburg Süd. In Brazil, Hamburg Sud has its own subsidiary ... read more

CMA CGM to acquire Brazilian cabotage line Mercosul from Maersk

“Maersk Line had to sell Mercosul Line as a concession to obtain approval from Brazil’s antitrust regulator, Conselho Administrativo de Defesa Econômica (Administrative Council for Economic Defense or CADE), for its planned takeover of Hamburg Süd ... read more

CMA CGM to acquire Mercosul from Maersk Line

Maersk had agreed to sell off Mercosul Line, its Brazillian carrier subsidiary, in order to clear Maersk Line's takeover of Hamburg Süd with the Brazilian competition authorities. "CMA CGM is a good fit for Mercosul and we are confident that they will ... read more
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