EconomyMSC and BlackRock withdraw bid approval request for Barcelona port stake
Shipping giant MSC and buyout fund BlackRock have withdrawn their request for European Union antitrust approval of a planned purchase. The proposed deal concerned a stake in the Barcelona port terminal owned by CK Hutchison. A regulatory filing disclosed the withdrawal. The filing did not state why the companies decided to remove their request. The transaction therefore remains without the requested EU competition clearance.
MSC and BlackRock withdraw bid approval request for Barcelona port stake
