The EU Commission clears an acquisition creating the world’s largest shipping company (PONL / Maersk)

"Mergers — Main developments between 1 May and 31 August 2005"* The European Commission cleared under the EU Merger Regulation the proposed acquisition of the shipping company Royal P&O Nedlloyd (PONL) by AP Moller-Maersk A/S (Maersk). The Commission’s clearance was conditional upon the divestiture of PONL’s business on the trade between Europe and South Africa and the withdrawal of PONL from several conferences

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Authors

  • JG Associates (Brussels)
  • DG COMP (Brussels)

Quotation

John Gatti, Mary Loughran, The EU Commission clears an acquisition creating the world’s largest shipping company (PONL / Maersk), 29 July 2005, e-Competitions July 2005, Art. N° 38288

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