Inside the News - Edition #1181

Barbara Adam -
Inside the News
- 30 May 2024 ( #1181 )
1 min read

This week we update a twisty tale that began as a proposed super-merger and has (almost) ended in a series of demergers.

The story is Cargotec, which announced in October 2020 that it planned to merge with Finnish crane maker Konecranes to create a materials handling super-giant.

However, the merger was abandoned after the United Kingdom’s anti-competition watchdog vetoed the plan.

Now Cargotec is on the verge of splitting into three, with a prospectus issued for the listing of a demerged Kalmar. More details are in this week's news.

This week we also bring you reports of new technology, new partnerships and ongoing concerns about climate change.

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