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Maersk Line to pay EUR 3.7 bln for Hamburg Süd

Maersk Line will pay EUR 3.7 billion for German container carrier Hamburg Süd. The boards of directors at the two companies have now cleared the transaction, which is expected completed in late 2017.

Photo: /ritzau/Christian Charisius

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Snabe criticized for board positions beyond Maersk

Jim Hagemann Snabe has too many activities beyond serving as chairman of A.P. Moeller-Maersk, says major Norwegian investor KLP, and the company thus refrained from voting for Snabe at the recent Maersk general assembly. Read here how other shareholders stand on the Maersk chairman's various board postings.

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