Independent journal on economy and transport policy
19:42 GMT+2
NOL TO ACQUIRE APL FOR US$33.50 PER SHARE
(Neptune Orient Lines)
April 15, 1997
Neptune Orient Lines Ltd (NOL) and APL Limited (APL) today announced that they have signed an agreement on 13 April 1997 for NOL to acquire the entire issued share capital of APL, which will make APL a wholly-owned subsidiary of NOL. Under the terms of the agreement, NOL will acquire all 24.6 million outstanding shares of APL stock at US$33.50 per share ...... Read more on Neptune Orient Lines
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