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MSC Among Suitors for German State-Held Meyer Werft Stake
Source: Bloomberg
M&A & RestructuringTransportation & LogisticsTravel & LeisureInfrastructure & Defense
MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft held by Germany's federal government and the state of Lower Saxony. A transaction would shift control of the state-backed shipbuilder to one of the world's largest shipping groups and could materially reshape Meyer Werft's ownership and strategic direction.
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