Hamburg May Become Biggest Hapag-Lloyd Shareholder, FAZ Says

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The city-state of Hamburg may become the largest shareholder of shipping company Hapag-Lloyd AG, Frankfurter Allgemeine Zeitung reported, without citing a source for the information.

Hamburg may pay 420 million euros ($555 million) to TUI AG to boost its stake in Hapag-Lloyd to more than 37 percent from