Talk of NOL sale makes the rounds in the market again

Singapore

IS Temasek Holdings finally selling off Neptune Orient Lines (NOL)?

The beleaguered container liner is said to have been "shopped to prospective buyers" over the past few months, reported The Wall Street Journal on Thursday, citing "people familiar with the matter".

The report follows months of rampant speculation that loss-making NOL, with a market value of about S$2.28 billion, could now be a ripe takeover target - especially after its having sold its profitable logistics arm for US$1.2 bi…