
Ahead of its planned IPO next week, Hapag-Lloyd confirmed in a press release Friday morning that the carrier has reduced its share price from USD 21.9 - USD 24.1 (Euro 20 - Euro 22), down from the originally planned price range of USD 25 to USD 31.8. The dismal market outlook for container is to blame.
The carrier still maintains its USD 300 million profit gross proceeds expectations for the IPO.
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