A PYMNTS Company

Chile: FNE looking into Maersk – Hamburg Süd deal

By  |  August 7, 2017

Chile’s National Economic Prosecutor’s Office (FNE) has announced it will begin a merger investigation concerning the acquisition of Hamburg Süd by Maersk Line. The investigation announced by the FNE aims to determine whether this deal will impede free competition in the sector.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The agreement to carry out the takeover took place on April 28, after approval by the boards of directors of Maersk Line and the Oetker Group, which added that the final ratification is still subject to regulatory approvals.

    The agreement says that Maersk Line will acquire Hamburg Süd in the amount of 3.7 billion euros (more than US$4.035 million) in cash.

    In recent months, the Colombian newspaper EL TIEMPO has counted about thirty legal incorporations of companies that absorb subsidiaries or matrices domiciled in Panama and are now headed by Colombian companies.

    Full Content: Mundo Maritimo

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.