M&A Activity • Aug 14, 2013
M&A Activity
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Corporate | 14 August 2013 13:41
Hapag-Lloyd Holding AG will be merged with Hapag-Lloyd AG
HAPAG – LLOYD AG / Key word(s): Miscellaneous/Legal Matter
14.08.2013 / 13:41
Hamburg, 14 August 2013
Hapag-Lloyd Holding AG will be merged with Hapag-Lloyd AG
Simplifying the Company’s structure / No impact on shareholder equity
or operating processes
Hapag-Lloyd Holding AG will be merged with Hapag-Lloyd AG, retrospective with effect from 1 January 2013. ‘This step is taken in order to simplify the Group structure of Hapag-Lloyd and does not have any impact on shareholder equity’, said Jürgen Weber, Chairman of the Supervisory Board of Hapag-Lloyd AG.
Shareholders of Hapag-Lloyd, TUI-Hapag Beteiligungs GmbH (TUI AG) and Hamburgische Seefahrtsbeteiligung ‘Albert Ballin’ GmbH & Co KG (‘Albert Ballin’ consortium), now hold a direct share in Hapag-Lloyd AG. The merger has no impact on consolidated financial statements of Germany’s largest liner shipping company.
The holding structure was set up during the takeover of the majority of Hapag-Lloyd by the Hamburg-based ‘Albert Ballin’ consortium in 2008/09.
End of Corporate News
14.08.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
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225899 14.08.2013
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