Vapores, Hapag-Lloyd make deal, plan €740m capital raise

Jan 23, 2014

Chilean shipping firm Compania Sud Americana de Vapores (CSAV) is set to consult shareholders on a capital raise after agreeing to take a 30% stake in Hapag-Lloyd under a non-binding agreement announced on...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management