
A final agreement about a merger between German Hapag-Lloyd and Chilean CSAV is expected to be signed in early February, according to several media. The two carriers, which together would create the 4th largest container carrier in the world, announced in December 2013 that the companies were in talks about a potential merger or other form of collaboration.
"If there are no disagreements we should be able to sign a memorandum of understanding withing three weeks or so," says a source close to the proceedings, according to the Wall Street Journal.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app