Maersk Container Industry sale to CIMC abandoned after US regulator steps in
China International Marine Containers Group Co. Ltd. (CIMC) has abandoned its intended acquisition of Maersk Container Industry (MCI) after the US Justice Department’s Antitrust Division’s investigation.
The proposed transaction would have combined two of the world’s four suppliers of insulated container boxes and refrigerated shipping containers.
It would also have consolidated control of over 90% of insulated container box and refrigerated shipping container production worldwide in Chinese state-owned or state-controlled entities.
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