Independent journal on economy and transport policy
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Maersk signs a salt and purchase agreement with Oetker for the acquisition of Hamburg Süd
Between the end of April and half of May the understanding will be voted by the surveillance councils and the shareholders
March 15, 2017
Yesterday the company of navigation Maersk Line of Danish group A.P. Møller-Mærsk and the Dr. August Oetker KG of the German group Oetker have undersigned a salt and purchase agreement for the cession to Maersk of the company of navigation Hamburg Süd, understanding that ahead represents an ulterior step towards the final contract after the signatures on the preliminary agreement that they are added by the parts at the end last year ( on 1° December 2016).
In the next weeks salt and purchase agreement will be examined and therefore, between the end of the next month and the half of May, subordinate to the ballot of the surveillance councils and the assemblies of the shareholders of the two parts will come.
According to the forecasts, the final agreement, that it will be subject to the authorization of the competent authorities, will be concluded within the end of this year.
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