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MSC Abandons Moby Acquisition and Returns 49% Stake to Onorato Group

The ferry operator must repay its €243 million loan with the Italian competition authority’s probe into Sardinia ferry routes still open.

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Overview

  • MSC formally abandoned its planned takeover of Moby on July 17, 2025, after Italy’s antitrust authority raised concerns over potential Article 101 violations.
  • The shipping group transferred its 49% holding in Moby back to majority owner Onorato Group and relinquished its security interest on the remaining 51%.
  • Moby is required to repay the outstanding €243 million loan it secured in late 2023 as part of its debt restructuring.
  • Italy’s competition authority is probing alleged anticompetitive ties between Moby and GNV amid fears of a Sardinian ferry monopoly.
  • The inquiry remains active, keeping further consolidation in Italy’s domestic maritime market subject to regulatory approval.