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02 June 2020 The on-line newspaper devoted to the world of transports 13:47 GMT+2

July 9, 2018

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CMA CGM would have shown to the Hapag-Lloyd the possibility of a fusion

The project would create to the first world-wide containerized carrier with a fleet of portacontainer of the ability to 4,2 million teu

The French shipowning group CMA CGM would have shown to the Hapag-Lloyd German the possibility of a fusion, project that putting together respective the third and fifth world-wide operator of the containerized marine transport would create to the first world-wide carrier with a fleet of the transport ability pairs to 4,2 million teu, advanced to that of the current leaders of the field: the Maersk Danish and Helvetian MSC. The contact is revealed by the news agency "Reuters" specifying that the approach is confirmed by three sources of the financial community second which arguments in such sense have been under way in recent months.

Reuters has specified that one of the sources would have explained that the fusion would not happen through a cash merger, with one of the parts that money in order to acquire share quotas the other offers. Moreover the news agency has announced that a spokesman of the German shipowning company has declared that these voices of market are without foundation, while the French group has favorite not to release comments.

Reuters has specified moreover that the three sources have specified that the three main shareholders of the Hapag-Lloyd - the Chilean CSAV whom 25.8% of the capital of the German company stop, the German family Kuehne that possesses 25% of the Hapag-Lloyd, and the HGV, the investment trust of the city of Amburgo that possesses 13.9% of the company - have rejected the preliminary proposal of CMA CGM.

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