MSC Secures Regulatory Approval for Participation in HHLA

Hamburger Hafen und Logistik AG (HHLA) announced that MSC Mediterranean Shipping Company S.A. has received all necessary regulatory approvals for its involvement in HHLA. All conditions of the voluntary public takeover offer from Port of Hamburg Beteiligungsgesellschaft SE, a wholly owned subsidiary of MSC, have been met as of November 14, 2024. The final regulatory clearance was granted in Ukraine, following earlier approval from the European Commission.

HHLA shareholders who tendered their class A shares will receive €16.75 per share. Payments will be made within seven banking days following the Bidder's announcement of meeting all offer conditions. Upon completion, MSC will acquire ownership of the tendered shares. Additional information regarding the tender process can be found on www.poh-offer.de.