Hapag-Lloyd Confident in Merger Closure Soon Despite Reports of a “Snag”

German liner company Hapag-Lloyd believes its merger with the United Arab Shipping Company (UASC) would be closed within the next few weeks despite reports that the deal has been hindered by Qatar.

Hapag-Lloyd, UASC Merger Gets Nod from European Commission

The European Commission has given its approval to German shipping major Hapag-Lloyd’s proposed acquisition of Dubai-based shipping company United Arab Shipping Company (UASC).