Independent journal on economy and transport policy
01:40 GMT+2
PREUSSAG BOARD APPROVES HAPAG-LLOYD ACQUISITION
(Shipping Times)
September 18, 1997
[HANNOVER]
Preussag AG said its supervisory board approved the purchase of 99.2 per cent of Hapag-Lloyd, a German travel and shipping company, and plans to buy the remaining 0.8 per cent.
Preussag said it plans to buy the Hapag-Lloyd shares traded on the stock market "at a later time".
The company said the board approval enables it to ask antitrust ...... Read more on Shipping Times
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