tiprankstipranks
Trending News
More News >

Wallenius Wilhelmsen’s Sale of MIRRAT Under ACCC Review

Story Highlights
  • Wallenius Wilhelmsen ASA is selling its MIRRAT terminal to Qube Holdings’ subsidiary.
  • The ACCC’s review of the sale could impact the company’s market position in Australia.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Wallenius Wilhelmsen ASA ( (DE:WNL) ) has issued an announcement.

Wallenius Wilhelmsen ASA has announced the sale of its Melbourne International RoRo & Auto Terminal Pty Ltd (MIRRAT) to Australian Amalgamated Terminals Pty Ltd, a subsidiary of Qube Holdings Limited. The transaction is currently under review by the Australian Competition & Consumer Commission (ACCC), with a decision expected by March 27, 2025. The outcome of this review could significantly impact the company’s operations and market positioning in Australia.

More about Wallenius Wilhelmsen ASA

YTD Price Performance: 2.69%

Average Trading Volume: 1,019

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €3.43B

For an in-depth examination of WNL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App