Shipbuilder: Investor search: Will Swiss MSC join Meyer Werft?
Speculation is mounting that shipping company MSC is investing in the cruise specialist. However, several major hurdles currently stand in the way of such a deal.
MSC is reportedly in talks to potentially acquire a majority stake in Meyer Werft, a German shipbuilder. According to Bloomberg and the Hannoversche Allgemeine Zeitung, MSC is considering taking over 80% of the company's shares currently held by the state of Lower Saxony and the federal government. The remaining 20% is held by the founding family. The talks are said to be in an early stage and several issues still need to be resolved.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
