EU Scrutinizes MSC's Planned Stake in Barcelona Port Terminal [Yahoo! Finance]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: Yahoo! Finance
Mediterranean Shipping Company (MSC) , via its terminal operator subsidiary Terminal Investment Limited (TIL), has sought to acquire joint control of Terminal Catalunya from its current owner, CK Hutchison More from Sourcing Journal EU Agrees to Gut Sustainability Rules, Undermining Climate Ambitions Temu Owner's Facilities in Ireland and China Raided by Government Investigators 'Stores Are Stocked Up,' But US Import Demand to Keep Sliding in Early 2026 But the E.U.'s executive branch said it is concerned that the transaction may lead to higher prices or reduced quality of container terminal services at the port, prompting Wednesday's probe. This could lead to disadvantages for container shipping companies competing with MSC, the commission said. Reuters initially broke the news that an investigation was looming in early December. Terminal Catalunya operates the Barcelona Europe South Terminal (BEST), which is the main deep-sea gateway for cargo moving to and from Barce
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News
- BlackRock's bid for Hutchison's Barcelona terminal may push up prices, EU says [BNN Bloomberg (Canada)]BNN Bloomberg
- MSC, BlackRock's bid for Hutchison's Barcelona terminal may push up prices, EU says [Yahoo! Finance]Yahoo! Finance
- A Fresh Look at CK Hutchison Holdings (SEHK:1) Valuation Following Recent Shareholder Returns [Yahoo! Finance]Yahoo! Finance
- Exclusive-MSC, BlackRock bid for Hutchison's Barcelona terminal faces EU probe, source says [Yahoo! Finance Canada]Yahoo! Finance Canada
- Exclusive-MSC, BlackRock bid for Hutchison's Barcelona terminal faces EU probe, source says [Yahoo! Finance]Yahoo! Finance