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23 January 2018 The on-line newspaper devoted to the world of transports 09:16 GMT+1

October 17, 2017

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Original news
Hapag-Lloyd has carried to term with success the increase of
the proceeds deriving from the new sale 11,7 million sets in action is piled to
352 million euros
the company of German navigation Hapag-Lloyd has communicated that the increase of capital previewed from the plan of fusion with the United Arab Shipping Company (UASC is carried to term with success), merger that is put into effect the slid spring(of 24 May 2017). The proceeds deriving from the new sale 11,7 million set in action to the unit price of 30 euros have turned out pairs to approximately 352 million euros (414 million dollars).

Hapag-Lloyd has specified that to exercise own right of subscription it has been 96.5% of the current shareholders, between which CSAV Germany Holding Container, Kuehne Maritime, Holding Qatar Germany and The Public Investment Fund of the Kingdom of Saudi Arabia.

As a result of this operation the value of the capital of the company will go up to 175,76 million euros.

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