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21 July 2019 The on-line newspaper devoted to the world of transports 21:18 GMT+2

November 20, 2014

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the mexican Antitrust approves of the agreement of fusion Hapag-Lloyd - CSAV

Up to now the transaction already has been authorized person, between the others, from the USA, European Union, Chile and Brazil

the company of German navigation Hapag-Lloyd has announced that, after the recent approval of the plan of fusion of own activities in the field of the marine transport of the container with those of Chilean CSAV whom released from the Brazilian Antitrust(of 4 November 2014), also the guarantor Authority of the competition of Mexico has authorized without conditions the operation.

Hapag-Lloyd and CSAV have undersigned last April an agreement of binding fusion( 17of April 2014). The performance of the transaction already is approved of by Authority Antitrust of various nations, between which USA, European Union, Chile and Brazil.

Hapag-Lloyd has emphasized that the operation will return the company the fourth to the world in the field of the container, with a fleet of approximately 200 ships, a transported volume anniversary of 7,5 million teu and a turnover of approximately nine billions of euro.

Evergreen Line Vincenzo Miele

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