Hapag-Lloyd AG
HLAG: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|W.g | LOCK|TN | LOCK|WV@<&>B |
Hapag-Lloyd: Announces Acquisition of Zim; Shares Remain Overvalued
Hapag-Lloyd signed a deal on Feb. 17 to purchase its Israeli competitor Zim for $4.2 billion at a 58% premium in a cash-and-debt transaction. Shares fell 8% on Feb. 16 but increased 3% on Feb. 17.
