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Italian regulators sign off 49% MSC stake in Messina

Switzerland’s MSC has traditionally preferred an organic approach to growth. Analysts are seeing the deal as a one-off event to strengthen its position in a regional market

Italy’s competition authority has signed off an agreement to allow global container shipping company MSC to take a 49% stake in Genoa-based shipping line Ignazio Messina, as well as a majority interest in four of the latter’s eight con-ro vessels

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