DGAP-News

Hapag-Lloyd and CSAV have signed a Memorandum of Understanding

DGAP-News: HAPAG - LLOYD AG / Key word(s): Mergers &
Acquisitions/Letter of Intent
Hapag-Lloyd and CSAV have signed a Memorandum of Understanding

22.01.2014 / 21:24

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Hamburg, 22 January 2014

Hapag-Lloyd and CSAV have signed a Memorandum of Understanding

MoU is not binding / Next phase with due diligence begins

The talks between Hapag-Lloyd and CSAV about combining the container liner
shipping activities of CSAV with Hapag-Lloyd are going into the next phase.
Both companies have signed a Memorandum of Understanding (MoU) which is not
binding. As the next step, the due diligence will take place, after which a
binding contract could follow.


End of Corporate News

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