HMM Co.,Ltd cancelled the acquisition of 20% stake in 20% Stake in Total Terminals International, LLC and H-Tech Co., Ltd. from MSC Mediterranean Shipping Company S.A.
HMM Co.,Ltd (KOSE:A011200) agreed to acquire 20% stake in Total Terminals International, LLC and H-Tech Co., Ltd. from MSC Mediterranean Shipping Company S.A. for $15.6 million on January 18, 2017. Hyundai Merchant Marine Co.,Ltd. will acquire equity and shareholders loan of Total Terminals International, LLC and H-Tech Co., Ltd. Samjong KPMG Advisory Inc. acted as a financial advisor to Hyundai Merchant Marine Co.,Ltd.
HMM Co.,Ltd (KOSE:A011200) cancelled the acquisition of 20% stake in 20% Stake in Total Terminals International, LLC and H-Tech Co., Ltd. from MSC Mediterranean Shipping Company S.A. on January 18, 2018.