Analysts downplay potential NOL acquisition by Maersk
Maersk's acquisition of rival APL seems unlikely after Maersk announced layoffs of 4,000 employees, says SeaIntel. Maersk Line is really just on a fact-finding mission, says another analyst firm.
BY OLE ANDERSEN
Leading analysts in the container sector seriously doubt that Maersk Line will end up taking over Singapore-based container carrier APL, despite the company's considerable financial capacities. Instead, the analyst firms believe that French CMA CGM, the world's third largest container carrier, is better placed to reap benefits from the potential synergies brought about by an acquisition.
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