Finance / Germany
If you would like to subscribe to Corporate Financing Week and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Corporate Financing Week please click on the trial link below.
TUI To Approach Buyers for Hapag-Lloyd Shipping Division
April 2008 | M&A AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Corporate Financing Week and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Corporate Financing Week please click on the trial link below.
At TUI's annual meeting held on April 18, the German tourism and shipping company confirmed its plans to separate its shipping division, Hapag-Lloyd. The company plans to seek potential buyers as early as late May or early June for Hapag, which is estimated to be worth up to US$7.8bn.