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Maersk’s reefer business sale to Chinese box maker blocked by antitrust regulators

Uncertainties created by regulatory hurdles have resulted in the termination of the $1bn transaction scheduled to complete this year

Objections from US and German antitrust authorities have killed the deal, which would have strengthened CIMC’s position in making reefer containers and allowed Maersk to garner more than $1bn of proceeds

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