Alphaliner: Hapag-Lloyd IPO faces big challenges

By appointing ten major banks to manage Hapag-Lloyd's IPO, the German container carrier seems to have realized that this is a very risky time to perform an IPO, according to Alphaliner.

Hapag-Lloyd's plans for an IPO in Hamburg and Frankfurt before the end of 2015 are challenged by several negative and historically difficult conditions in the container industry. The mere fact that the company has hired 10 international banks, led by Berenberg, Deutsche Bank and Goldman Sachs, indicates that the company and its major shareholders are aware that the timing appears very difficult, notes analyst agency Alphaliner.

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