Hapag Lloyd takeover?

October 25, 2006 by SwizStick  
Filed under QuickNews

Speculation mounted last week that Hapag-Lloyd, the world’s number five container line following its acquisition of CP Ships last year, could itself be taken over.

Rumours of a hostile takeover bid have seen the share price of parent group TUI, which also has large tourism interests, increase 20% in the last two months.

Via International Freighting Weekly.

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Hapag Lloyd – CP Ships Job Cuts
Hamburg Group Buys Hapag-Lloyd

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