
The Singaporean carrier NOL has been indirectly put up for sale with the statement from major shareholder Temasek regarding a sale of its stake of 65 percent. But you have to search long and hard for any interested buyers, according to assessments from analyst agency Alphaliner in a new analysis of NOL, which has not yet confirmed that a sale is approaching.
"Although various carriers have been rumoured as potential buyers for APL, none has publicly confirmed an interest. So far, there are no clear frontrunners for the company: OOCL reportedly showed no interest and Hapag-Lloyd does not have the financial resources to mount a serious bid for APL. The German carrier is currently pushing ahead with a potentially challenging IPO bid of its own," writes Alphaliner in the analysis.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app