Hapag-Lloyd's bid for rival stake could be first step towards full takeover

According to ShippingWatch’s sources, a purchase of the 40 percent stake in HMM would only be a first step for Hapag-Lloyd.
Photo: Axel Heimken/AP/Ritzau Scanpix
Photo: Axel Heimken/AP/Ritzau Scanpix

Hapag-Lloyd’s bid for 40 percent of the shares in the South Korean shipping company HMM could end up with a takeover of the bulk of the competitor.

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