MSC And City Of Hamburg Near Full Control Of HHLA Following Shareholder Vote


Recent developments indicate that MSC and the City of Hamburg are making significant strides towards gaining control of HHLA, a prominent Hamburg-based terminal and intermodal operator. The world’s largest container shipping line, MSC, seeks to acquire a controlling interest, and a shareholder vote outcome is imminent.

Progress Toward Full Control

With a deadline for shareholders to accept the latest offer of €16.75 per share, reports suggest that MSC and the City of Hamburg might have surpassed the crucial 90% threshold. If confirmed, this would enable them to compel remaining shareholders to sell, solidifying their control over HHLA. The agreement includes provisions for the city to maintain majority control, emphasizing a strategic shareholding split and MSC committing to significant cargo volume through HHLA’s gateways.

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