Europe’s second busiest port Antwerp and nearby Zeebrugge have begun talks on a possible merger after nearly two years of exploratory discussions and a study into how the two could work together more, reported Reuters.
The two Belgian ports said in a joint statement on Friday, October 18, that the talks on the possible merger of their operations could take a further two years.
“The report of Deloitte and Laga states that the current cooperation between the two ports has little impact because of the existing competition, limited scope and low engagement,” the ports’ statement said.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.