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Books, Greenshoe in Hapag-Lloyd IPO Covered

Maritime Activity Reports, Inc.

October 30, 2015

Investors have confirmed their orders for shares in Hapag-Lloyd's initial public offering, covering the books and the greenshoe option after the German shipper adjusted the price range, a source familiar with the matter said.

"It went more quickly than expected," the person told Reuters.

Hapag-Lloyd had earlier lowered the price range for the shares to between 20 and 22 euros.


Reporting by Alexander Huebner

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