Maritime economy
Hapag-Lloyd holds talks with United Arab Shipping Company
In the event of a combination of the container shipping activities, the parties assume a relative valuation of the two companies of 72% (HL) to 28% (UASC), subject to a mutually satisfactory conclusion of negotiations and mutual due diligence. No binding agreement has yet been reached between the companies and there is no certainty that the discussions will lead to a final agreement, the company writes. And we: will keep you up to date. red
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