Short url

Hapag Lloyd and UASC in merger talks

Hapag-Lloyd AG (HL) and United Arab Shipping Company SAG (UASC) are currently discussing forms of cooperation including a potential combination of their mutual container shipping operations.

In case of a business combination, the parties are basing their discussions on a relative valuation of the two businesses at 72% (HL) and 28% (UASC), subject to a mutually satisfactory completion of the negotiations and the mutual due diligence exercise.

To date, the discussions conducted between the two carriers have not resulted in any binding agreement and no assurance can be given that these discussions will lead to a definitive agreement.

 

Source: Hapag Lloyd

Archive

April 2016
SunMonTueWedThuFriSat
March 2016 May 2016
     12
3456789
10111213141516
17181920212223
24252627282930
  • © Jadran pismo d.o.o. All rights reserved.
  • Privacy Policy
  • Terms of Use