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NOL jumps on news of APL Logistics' sale

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Shares of Neptune Orient Lines (NOL) climbed more than 3 per cent on Wednesday on the news that it is selling its logistics business.

Singapore

SHARES of Neptune Orient Lines (NOL) climbed more than 3 per cent on Wednesday on the news that it is selling its logistics business.

The shipping line had announced after market close on Tuesday that it had agreed to sell APL Logistics for US$1.2 billion to Japanese...

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