Maersk Line Buys German Container Shipper Hamburg Sud

Maersk Line, the container shipping unit of Danish conglomerate A.P. Moller-Maersk A/S (MAERSK-A.KO), has agreed to buy German shipping line Hamburg Süd, boosting its presence on North-South shipping routes, increasing market share and cutting the average age of its fleet.

Starboard Buys Rockwell Collins Stake, Seeks Alternatives to B/E Deal -Bloomberg

Starboard Value LP has purchased a stake in Rockwell Collins Inc. (COL) and wants the company to reconsider its pending $6.4 billion deal to buy B/E Aerospace Inc. (BEAV), Bloomberg News reported Wednesday.

Greece Will Not Sell Stake of Natural-Gas Operator to Azeri Firm Socar

Greece said Wednesday it had failed to reach an agreement with Azerbaijan's state energy company, Socar, to sell a66% stake in Greek natural-gas operator Desfa, creating another obstacle in the country's efforts to reach the privatization targets dictated by its bailout agreement.

(END) Dow Jones Newswires

December 01, 2016 05:15 ET (10:15 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.