SAAM to sell its port terminals and associated logistics operations to Hapag-Lloyd

News by WCN Editorial

The parties have agreed upon a price of around US$1B for 100% of SAAM Ports and SAAM Logistics as well as real estate assets related to the logistics business. The agreement will provide SAAM with significant resources to focus on the development and expansion of its Towage and Air Cargo Logistics businesses

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Business Mergers/Acquisitions/Restructuring Ports & Terminals Shipping & Logistics Hapag-Lloyd SAAM

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