NewsMSC takes over Brazil’s Wilson Sons in $767m deal

October 21, 2024by 0

It didn’t come unexpected, did it?
After takeover talk that started in mid-2023, with Wilson Sons stock trading at BRL10.5 on 9 June last year, the Brazilian conglomerate, now worth $1.38bn in market cap, has finally been taken over by container shipping leader Mediterranean Shipping Company (MSC), which was originally rumoured to be the likely buyer well over a year ago. 
Implied premium to the target’s unaffected share price, on that basis: …

The post MSC takes over Brazil’s Wilson Sons in $767m deal appeared first on The Loadstar.

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