19.11.2024 By: Patricia Büeler
Artikel Nummer: 51472
Final approval granted for HHLA takeover
MSC Mediterranean Shipping Company has secured all regulatory approvals for its voluntary public takeover offer of HHLA (Hamburger Hafen und Logistik AG). Following earlier clearance by the European Commission, the final approval from Ukraine’s competition authority was granted on 14 November 2024.
Through its subsidiary Port of Hamburg Beteiligungsgesellschaft SE, MSC will pay EUR 16.75 per A-share to shareholders who tendered their shares under the offer. Payments are expected to be completed within seven banking days after the announcement of the fulfilment of all conditions. MSC will acquire ownership of the tendered shares, which are now listed under the ISIN DE000A37FUD8. (pb)