Search
Search

Maersk to buy German shipping line Hamburg Süd

Maersk Line, the world’s biggest shipping company, is to buy smaller rival Hamburg Süd, joining a wave of M&A in the industry just over two months after the Danish company revealed plans to bolster its transport operations. The deal, announced by parent A.P. Moller-Maersk on Thursday, is the group’s first full takeover in more than […]