17.03.2017
Hapag-Lloyd AG DE000HLAG475
DGAP-Adhoc: Hapag-Lloyd AG: Hapag-Lloyd AG and United Arab Shipping Company Ltd. (UASC) shift Long-Stop Date under Business Combination Agreement
DGAP-Ad-hoc: Hapag-Lloyd AG / Key word(s): Merger
Hapag-Lloyd AG: Hapag-Lloyd AG and United Arab Shipping Company Ltd. (UASC)
shift Long-Stop Date under Business Combination Agreement
17-March-2017 / 13:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Hamburg, 17 March 2017
Hapag-Lloyd AG: Hapag-Lloyd AG and United Arab Shipping Company Ltd. (UASC)
shift Long-Stop Date under Business Combination Agreement
Hapag-Lloyd AG and UASC have mutually agreed to shift the Long-Stop Date
under the Business Combination Agreement (BCA) until 31 May 2017 and have
amended the BCA accordingly. The merger companies had originally envisaged
to close the transaction by 31 March 2017 but now expect closing to take
place in the weeks thereafter. All merger clearances and authority approvals
as well as all necessary banking approvals from Hapag-Lloyd AG's side and
substantially all banking approvals from UASC's side have been obtained and
the merger parties are arranging the final documentation for a closing of
the business combination.
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17-March-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Hapag-Lloyd AG
Ballindamm 25
20095 Hamburg
Germany
Phone: +49 (0) 40 3001 - 2896
Fax: +49 (0) 40 3001 - 72896
E-mail: [email protected]
Internet: www.hapag-lloyd.com
ISIN: DE000HLAG475, USD33048AA36
WKN: HLAG47, A1E8QB
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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555203 17-March-2017 CET/CEST
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