Singapore container shipping firm Neptune Orient Lines (NOL) (NEPS.SI) on Monday halted trading in its shares pending an announcement.
NOL, the world’s sixth-largest container shipping firm, has resumed talks about buying German rival Hapag-Lloyd (HPLG.UL), German paper Die Welt reported on Saturday without identifying its sources.
NOL, the world’s sixth-largest container shipping firm, has resumed talks about buying German rival Hapag-Lloyd (HPLG.UL), German paper Die Welt reported on Saturday without identifying its sources.
NOL broke off talks in 2008 after failing to agree on a price for Hapag-Lloyd, which is owned by a consortium of Hamburg-based investors and tourism group TUI (TUIGn.DE).
NOL’s spokesman said earlier the firm does not comment on market speculation.
No comments:
Post a Comment