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It has been a long wait, but the official announcement of the IPO of Hapag-Lloyd came on 28 September – the deal has not launched yet, but we are almost there.

Confirming that the company is preparing its initial public offering, it said it “expects total gross proceeds in the equivalent euro amount of US$500 million from the IPO.” It’s still work in progress but there are more details to report now than at any given time over the last decade.

The ...

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