MSC denies media report it looking to buy stake in Hapag-Lloyd
MSC Responds to Acquisition Rumors
Background of the Report
June 17 (Reuters) - MSC, the world's largest container shipping company, denied a report by Manager Magazin published on Wednesday that its founder and executive chairman Gianluigi Aponte is looking to acquire a stake in German rival Hapag-Lloyd.
Official Statements
"This report is not true," MSC told Reuters. Hapag Lloyd declined to comment on the report.
Details from Manager Magazin
Citing sources, the business magazine had reported that Aponte had been in talks with Hapag-Lloyd's main shareholders for some time despite being brushed off.
Hapag-Lloyd Shareholder Structure
German billionaire Klaus-Michael Kuehne and Chilean shipping company Compania Sud Americana De Vapores each hold 30% in Hapag-Lloyd, LSEG data show.
Reporting Credits
(Reporting by Linda Pasquini, editing by Thomas Seythal and Madeline Chambers)




