Books, Greenshoe in Hapag-Lloyd IPO Covered
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