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.
Already a subscriber?Log in here
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.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
China's Cosco takes big dive in third quarter
For subscribers
Rumors hint at yet another Asian container merger
For subscribers
NOL confirms acquisition talks with Maersk and CMA CGM
For subscribers
.jpg)
.jpg&w=384&q=75)
