We witnessed the typical ‘long squeeze’ on Friday, when the shares of Hapag-Lloyd collapsed 20% soon after the German carrier announced its revised guidance.
They haven’t recovered since, which is something M&A arbitrageurs closely monitor; also because the stock of AP Møller-Maersk Group (APMM) has been more resilient in the past few days after testing new lows, almost daily, in recent weeks.
While Hapag was on the path to recovery, at least …
The post Market Insight: An opportunity for APMM to entice Hapag-Lloyd to join the family appeared first on The Loadstar.
Source: The Loadstar