Independent journal on economy and transport policy
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Green light of the shareholders of the Hapag-Lloyd to the increase of capital for the fusion with the UASC
Habben: Hapag-Lloyd has been and continuous to being an active protagonist of the phase of consolidation of the field
May 30, 2017
Yesterday the assembly of the shareholders of the company of German navigation Hapag-Lloyd has approved of the creation of new share capital allowing therefore the performance of the previewed increase of capital of 400 million dollars that had been programmed within six months from the completion of the fusion with the United Arab Shipping Company (UASC), fusion that has been capacity to term past Wednesday(of 24 May 2017).
"Hapag-Lloyd - the managing director of the German company has commented, Rolf Habben - has been and continuous to being an active protagonist of the phase of consolidation of the field. The Hapag-Lloyd - it has remembered - has melted with the CP Ships in 2005 and it has melted with the activities in the field of the container of the CSAV in the 2014"( 22of August 2005 and 2 December 2014).
"For we - it has added Habben - the fusion with the United Arab Shipping Company will represent an ulterior milestone and a decisive lever strategic in order to produce profits over the long term. In the exercise 2017 integration of the UASC in the Hapag-Lloyd will be to the center of our activities. The fusion will not return us only larger, the more strong, more flexible and more international, but it will return us above all more competitive. Hapag-Lloyd possesses a groundbreaking and wide relative know-how-how to the acquisitions. In the past we have demonstrated to be able to arrange activity and to put into effect their successive integration in fast, efficient and profitable way".
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