Independent journal on economy and transport policy
19:37 GMT+2
NOL denies sale of 40 percent APL
(Cargoweb)
October 12, 1998
Singapore shipping company Neptune Orient Lines (NOL) denied it WANTS to sell a 40 percent stake in American President Lines, which it acquired last year. Neptune Orient will sell non-strategic assets, but APL is not part of that sale. The statement said: 'If by combining with another shipping company and for it to take a stake in APL through a share swap ...... Read more on Cargoweb
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