Hapag-Lloyd postpones IPO to next week

German carrier Hapag-Lloyd has pushed forward its initial public offering date from Friday until next week, announced the carrier.

Photo: Hapag-Lloyd

Hapag-Lloyd have put off their planned initial public offering (IPO) and extended the offer period until next Tuesday, announced the German carrier. Originally the IPO was planned Friday of this week, but it has been pushed to 3 November, in which time Hapag-Lloyd will publish additional information for the prospectus which was sent out in the middle of October, says the hastily published announcement. 

The carrier recently announced that they stand by their expectations for 2015, after Maersk Line downgraded its profit expectations for the whole year by USD 600 million.

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