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News / Hapag-Lloyd-UASC merger moves a step closer as lines agree ownership split

Hapag HQ
Photo: Hapag-Lloyd
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The merger between Hapag-Lloyd and United Arab Shipping Company took another step towards completion this morning with a business combination agreement (BCA) to create the world’s fifth-largest box shipping line.

The proposed deal now goes before competition authorities for clearance and, if given the green light, is expected ...

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