HHLA deal called off…

News-in-print 1 Jan 2006 by WCN Editorial

The controversial takeover of HHLA by DB AG (see last month’s WorldCargo News, p1) is off. Talks were broken off after DB chairman Hartmut Mehdorn said there was never any intention of moving the whole of DB’s corporate HQ from Berlin to Hamburg, “only the logistics division and some minor departments.”

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Business Finance/Financial Results Mergers/Acquisitions/Restructuring DB Germany Hamburg HHLA

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