Following up an earlier announcement today that Herz had attained control of over 40% of ownership shares.
Hamburg-based GL now says Herz’s white-knight bid has won out over those of rival class society Bureau Veritas and automobile-safety inspector TUV Sud.
“Over 90% of shares have now changed ownership,” GL said in a statement on its website.
“With the transfer of the shares, the independence of Germanischer Lloyd has been assured.”
GL
