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You are here: Home Archive 2009 Mar 24 Hapag-Lloyd sale completed

Hapag-Lloyd sale completed

by Obsidian last modified Mar 24, 2009 12:00 AM

by Lloyd's List in London 10:48AM, 24 Mar 2009

German tourism giant Tui and the Albert Ballin consortium yesterday announced that the sale of Hapag-Lloyd had concluded.

The deal stood on the brink of collapsing when a bank pulled out of financing and the consortium sought to renegotiate the...

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