DP World completes Unifeeder acquisition after EU competition green light

DP World has completed its acquisition of European feeder and shortsea shipping line Unifeeder after this week securing clearance from European monopolies regulators.
The €660m deal – the first in which a port operator has taken over a carrier – had been investigated by the European Commission’s competition department.
“The commission concluded that the proposed acquisition would raise no competition concerns, as it would have a limited impact on the structure of …

The post DP World completes Unifeeder acquisition after EU competition green light appeared first on The Loadstar.

Source: The Loadstar

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