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Hapag-Lloyd, CSAV tie-up wins EU's conditional approval

Merger will create 4th-largest container shipping firm

[BRUSSELS] Hapag-Lloyd and Compania Sud Americana de Vapores (CSAV) secured conditional European Union (EU) approval on Thursday for their tie-up to create the world's fourth-largest container shipping company.

The merger is important for the shipping industry which hopes more deals could...

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