Maersk Line´s acquisition of Hamburg Süd progresses as $4bn price revealed
(WorldNews Denmark)

The boards of both Maersk Line and Oetker Group have approved the recently agreed sale and purchase agreement for the Danish Line to buy Hamburg Süd for a price of EUR3.7bn ($4.03bn). Maersk Line will acquire Hamburg Süd on a cash and debt-free basis, and will finance the acquisition through a syndicated loan facility. Søren...