MSC is reportedly in talks to acquire Brazilian port and maritime logistics outfit Wilson Sonsin a USD 1 bn buyout, according to local Brazilian media reports picked up by Splash. MSC has been on an acquisition spree in Latin America, after acquiring Brazilian intermodal logistics company Log-In Logistica. Ocean Wilsons, Wilson Sons’ parent company, confirmed last week that it was “considering all potential strategic options,” while noting that it has yet to receive a “formal proposal” for the sale of its 57% stake in Wilson Sons, according to a statement. MSC has yet to comment on the rumored acquisition, Splash reports.

Tags: