Comment / Against the odds: M&A arbitrage rules – the merger that was never meant to be

AAAA

By Gavin van Marle

30/03/2022

The planned merger between Konecranes and Cargotec has been cancelled after the UK’s antitrust regulator, the Competition and Markets Authority (CMA), yesterday announced it was blocking the deal.

It is seldom that this particular writer at Premium gets to blow his own trumpet, but I did humbly predict this outcome a couple of months ago in my “Thrown off course?” coverage.

That was preceded by “Cargotec + Konecranes merger – increasingly shaky, with two buts” in December, and followed soon after by “One step ...

Comment on this article

You must be logged in to post a comment.

Topics

Against the odds Cargotec Competition and Markets Authority Kalmar Konecranes Merger Mania Sany ZPMC Latin America M&A Rhenus Takeover Talk The near-shoring shift

Most read news

No end to chaos in sight for shippers as Canada's port rows escalate

Cyber attack on tech provider blacks out live tracking for UK retail deliveries

Canada's west coast port employers lock out union workers set to strike

Ripples from standstill at strike-bound Canadian ports could spread inland

'Desperate' GRIs by carriers prop up Asia-Europe spot rates, for now

Forwarders warn shippers to expect a second ILA-USMX work stoppage

Cargo operations at Brazil's Guarulhos Airport on brink of collapse

'Strong' Q3 for Maersk as it prepares for alliance launch – but no bid for GXO

Maersk and Hapag-Lloyd line up major newbuild order to boost Gemini fleet

Typhoon Kong-ray creates congestion at Shanghai, Ningbo and Kaohsiung

Carriers drop calls at Hamburg after congestion builds at CTA

Port of Valencia slowly gets back to work after floods from rainstorms

ONE enjoys huge profit rise – every eastbound transpac ship full

DFDS pulls out of €500m Ekol takeover bid

Air cargo capacity squeeze could linger 'until the end of the decade'

Red Sea crisis provides a bonus for Chinese container manufacturers