News

Wilh. Wilhelmsen merger

Today (5.9.2016) Wilhelmsen announced a merger with Wallenius to form a new ownership structure named Wallenius Wilhelmsen Logistics ASA.

The proposed merger is expected to enable synergies between USD 50-100 million.

The stock is currently up 15.84% on the news.

 

More information here:

Wilhelmsen, Wallenius Merge to Form New Shipping Platform

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s