The two primary owners of Hapag-Lloyd have acquired larger stakes in the container liner in the past six months, and this has made the company's market value surge, reports analyst firm Alphaliner.
In fact, shares in the shipping line have increased a whopping 70 percent in value since January 2019, when the major shareholders began to buy up. The share purchases were made by CSAV, which has increased its stake to 27.3 percent from 25.8 percent, while Klaus-Michael Küehne has increased his stake to 25.5 percent from 25 percent, according to Alphaliner.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.