Danish shipping giant Maersk Line is scheduled to receive the EU antitrust regulator’s decision on the company’s plan to purchase the Germany-based Hamburg Süd by March 27, according to Reuters.
The deal, reached at the beginning of December 2016 amid a consolidation period in the industry, was filed to the European Commission on February 20.
Reuters informed that the EU competition can extend the review by some two weeks or open a five-month investigation, adding that the Danish carrier might be asked to end its membership in some shipping alliances in order to receive the approval for the Hamburg Süd deal.
