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Media: HMM's small shareholders want Hapag-Lloyd on board

The German carrier can reportedly look forward to support from its competitor’s minority shareholders in the race to buy the South Korean company.
Hapag-Lloyd and three South Korean bidders are in the running to take over 40 percent of carrier HMM. | Photo: Zhang Jingang/AP/Ritzau Scanpix
Hapag-Lloyd and three South Korean bidders are in the running to take over 40 percent of carrier HMM. | Photo: Zhang Jingang/AP/Ritzau Scanpix
by DANIEL LOGAN BERG-MUNCH

Although major shipping interests in South Korea warn against Hapag-Lloyd as a new shareholder in HMM, the state-controlled shipping company’s minority shareholders want it differently.

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