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

Merger will create 4th-largest container shipping firm

Published Sun, Sep 14, 2014 · 10:00 PM

[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 shi…

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Companies & Markets

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

Transport & Logistics

Tesla to cut 400 jobs in Germany via voluntary programme

GE Aerospace raises earnings goal on strong engine sales

UPS profit beats estimates as cost cuts offset weak delivery demand

General Motors beats quarterly results targets, raises forecast

‘Heavy congestion’ in South-east Asia transhipment ports prompts feeder operators to levy surcharge

Renault Q1 sales rise 1.8%, helped by financing business

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

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