Hapag-Lloyd IPO planned for 2011

The Executive Board of TUI AG and the Board of Directors of Hamburgische Seefahrtsbeteiligung "Albert Ballin" GmbH & Co. KG (Albert Ballin) have instructed investment banks Credit Suisse, Goldman Sachs and Greenhill to commence preparations for a stock exchange listing of Hapag Lloyd, the world's fifth largest containership line. In parallel, a search for strategic and financial investors interested in becoming core minority investors in Hapag-Lloyd continues
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Source: MarineLog