Indian Transport & Logistics

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Harim walks out of $5bn deal to buy HMM

7 Feb 2024 7:10 AM GMT
Talks fail on rights to manage HMM, three-year lock-up demand for consortium partner JKL Partners

HMM majority stake buy to benefit Harim: Drewry

26 Dec 2023 11:27 AM GMT
Average P/B multiple for peer companies works to be 0.75x; with transaction at 0.48x, Harim ends up with a quality deal
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