{"id":29734,"date":"2022-04-01T11:18:57","date_gmt":"2022-04-01T08:18:57","guid":{"rendered":"https:\/\/www.al-sindbad.net\/msc-moves-ahead-with-6-3bn-bollore-africa-logistics-acquisition\/29734\/"},"modified":"2022-04-01T11:18:57","modified_gmt":"2022-04-01T08:18:57","slug":"msc-moves-ahead-with-6-3bn-bollore-africa-logistics-acquisition","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/msc-moves-ahead-with-6-3bn-bollore-africa-logistics-acquisition\/29734\/","title":{"rendered":"MSC moves ahead with $6.3bn Bollor\u00e9 Africa Logistics acquisition"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Mediterranean Shipping Co (MSC) has finalised its acquisition of a big name in African transport, confirming yesterday that it has entered into a share purchase agreement with Bollor\u00e9 relating to the acquisition of 100% of Bollor\u00e9 Africa Logistics including all of Bollor\u00e9 Group\u2019s shipping, logistics and terminals operations in Africa, as well as its terminal operations in India, Haiti and in Timor-Leste for a purchase price based on an enterprise value, net of minority interests, of EUR5.7bn ($6.3bn).<\/p>\n<p>Completion remains subject to the receipt of approvals, including from the relevant competition authorities.<\/p>\n<p>\u201cThe acquisition of Bollor\u00e9 Africa Logistics reaffirms MSC Group\u2019s longstanding commitment to invest in Africa and to strengthen supply chains across the continent, as well as connecting it to the rest of the world,\u201d MSC stated in a release.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>Other container majors such as Maersk and Hapag-Lloyd have been beefing up their African operations of late with significant acquisitions with the continent widely tipped to be a strong source of growth in the coming decade.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\">\n<span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/msc\/\" rel=\"tag\">MSC<\/a> <a href=\"https:\/\/splash247.com\/tag\/switzerland\/\" rel=\"tag\">Switzerland<\/a><\/span>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mediterranean Shipping Co (MSC) has finalised its acquisition of a big name in African transport, confirming yesterday that it has entered into a share purchase agreement with Bollor\u00e9 relating to the acquisition of 100% of Bollor\u00e9 Africa Logistics including all of Bollor\u00e9 Group\u2019s shipping, logistics and terminals operations in Africa, as well as its terminal &hellip;<\/p>\n","protected":false},"author":1,"featured_media":29735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[],"class_list":["post-29734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=29734"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/29735"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=29734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=29734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=29734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}