German company Hapag-Lloyd completes negotiations on the merger with the Arab UASC

German company Hapag-Lloyd completes negotiations on the merger with the Arab UASC

The German container carrier Hapag-Lloyd is completing the merger talks with the United Arab Shipping Company (UASC). The value of the combined company is estimated at € 7-8 billion. Partners explain the consolidation with the need to withstand unfavorable conditions on the market.

Prospects 3391 01 июля, 2016 seafarers.com.u
German company Hapag-Lloyd completes negotiations on the merger with the Arab UASC

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