New Asian container merger could be in the making
Since the turn of the year, the share price in Orient Overseas Container Lines has skyrocketed by 20 percent, and the group's container carrier looks poised to become the container industry's next acquisition, according to Alphaliner.
by OLE ANDERSEN
Container carrier Orient Overseas Container Lines (OOCL) in Hong Kong looks set to be the next acquisition target in the consolidation wave which has washed over the container industry in the past two years.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Container carriers' shares in major price hike
For subscribers
Evergreen suffers bottom line deficit
For subscribers
Orient Overseas hit with big loss from container downturn
For subscribers
