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UASC shareholders vote June 2 on Hapag-Lloyd merger deal
KUWAIT's United Arab Shipping Company shareholders will decide next month on the question of merger - and to what degree - with Germany's Hapag-Lloyd, reports London's Lloyd's List.
An extraordinary general meeting has been scheduled on June 2, at which UASC shareholders will "vote whether to approve the conclusion of a business combination agreement with Hapag-Lloyd", among other agenda items, according to a statement.
UASC has received 13 of the 17 new vessels: seven 15,000-TEU vessels and six 18,800-TEU ships. It is due to take delivery of the remaining four 15,000-TEU vessels in the coming months, UASC said in its website.
An extraordinary general meeting has been scheduled on June 2, at which UASC shareholders will "vote whether to approve the conclusion of a business combination agreement with Hapag-Lloyd", among other agenda items, according to a statement.
UASC has received 13 of the 17 new vessels: seven 15,000-TEU vessels and six 18,800-TEU ships. It is due to take delivery of the remaining four 15,000-TEU vessels in the coming months, UASC said in its website.
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