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Maersk Line Completes Acquisition of 40% of the Shares in Maersk Denizcilik, Turkey - Maersk Line and Merit have agreed on the purchase of Merit's 40% shareholding in Maersk Denizcilik agency by Maersk Line
Maersk Line Completes Acquisition of 40% of the Shares in Maersk Denizcilik, Turkey

 

NewswireToday - /newswire/ - Copenhagen, Denmark, 2008/06/30 - Maersk Line and Merit have agreed on the purchase of Merit's 40% shareholding in Maersk Denizcilik agency by Maersk Line.

   
 
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Maersk Denizcilik acts as the agent for Maersk Line and Safmarine in Turkey, and will hereby become a wholly owned entity of the A.P. Moller - Maersk Group.

This decision is a further indication of Maersk Line’s commitment to the Turkish customers and the Turkish market.

We would like to take this opportunity to extend a heartfelt thanks to our longstanding partners in Merit for their remarkable efforts in successfully establishing Maersk in Turkey. It has been many years of mutual benefits, co-operation and trust.

The transaction is subject to the Turkey Competition Authorities' approval.

About Maersk Line

Maersk Line (maerskline.com) is one of the leading liner shipping companies in the world, serving customers all over the globe. Maersk Line is a division of the A.P. Moller - Maersk Group.

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Written by / Agency / Source: Maersk Line

 
 

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Maersk Line Completes Acquisition of 40% of the Shares in Maersk Denizcilik, Turkey

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Publisher Contact: Maersk Line 
gbrcorpcom[.]maersk.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Maersk Line securities in any jurisdiction including any other companies listed or named in this release.

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