Merge-or-die choice cuts debt risk for Japan's shipping giants
The three Japanese carriers Nippon Yusen KK, Mitsui O.S.K. Lines, and Kawasaki Kisen Kaisha's decision to merge their container businesses cuts the carriers' debt risks, but observers are waiting to see the real impacts of the maneuver.
BY FINBARR FLYNN, CHRIS COOPER OG TESUN OH, BLOOMBERG
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