Textainer moves for Seaco
NewsIt has emerged that Textainer is in talks to acquire Seaco Global, a deal that would almost certainly raise issues about the level of market concentration in the container leasing industry.
This month, Textainer made an important disclosure regarding its potential liability in the fallout from Hanjin’s failure. “As of 2 September 2016, the containers leased to Hanjin with ownership interests attributable to Textainer represent approximately 4.8% of Textainer’s total owned and managed fleet in TEU units,” Textainer disclosed.
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