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German bank places bid on Rickmers Holding

German bank Schnigge will buy bonds in financially vulnerable Rickmers Holding. The bank hopes to buy for EUR 35.5 million.

Photo: PR-foto/Rickmers Maritime

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Snabe criticized for board positions beyond Maersk

Jim Hagemann Snabe has too many activities beyond serving as chairman of A.P. Moeller-Maersk, says major Norwegian investor KLP, and the company thus refrained from voting for Snabe at the recent Maersk general assembly. Read here how other shareholders stand on the Maersk chairman's various board postings.

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