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KKR among 3 in final race for NOL's APL Logistics: report

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Published Wed, Dec 3, 2014 · 09:50 PM

Singapore

NEPTUNE Orient Lines (NOL) may be one step closer to selling its logistics unit, with the Singapore shipping company reportedly seeking a price of about US$1 billion.

According to reports, three companies have been selected to make final bids for APL Logistics while two more have been chosen to conduct due diligence on it.

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