Hapag-Lloyd and three other companies submit bid on HMM

The bidding war for the large South Korean carrier has been narrowed down to four participants, according to local media after the deadline for submitting bids expired.
There are now four bidders left in the race to take over the state-owned Korean shipping company. | Photo: Julian Weber/AP/Ritzau Scanpix
There are now four bidders left in the race to take over the state-owned Korean shipping company. | Photo: Julian Weber/AP/Ritzau Scanpix

German Hapag-Lloyd is accompanied by three local players in the bidding war for the large South Korean container shipping company HMM.

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