A potential merger between Chile-based shipping firm Compania SudAmericana de Vapores and a larger German counterpart Hapag-Lloyd has yet to reach a conclusion as the Chilean firm said Friday that merger talks are ongoing and no deal has been made. Earlier reports had said the two were edging closers to a decision as Vapores looks to a way out of financial struggles through a Hapag-Lloyd purchase.
https://www.pymnts.com/cpi-posts/chile-germany-shipping-merger-negotiations-drag-on/
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