Subscribe to RSS feedTui considers rescue for Hapag-Lloyd sale
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Obsidian
—
last modified
Feb 12, 2009 12:00 AM
German tourism giant Tui may step in to rescue the sale of its container shipping subsidiary Hapag-Lloyd with a loan.
We are thinking about getting involved in the financing of Hapag-Lloyd beyond our contractual commitments, a Tui spokesperson told Lloyd's List .
With it, we want to ensure the liquidity of Hapag-Lloyd after the closing of the deal, he added.
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