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Last updated on June 2, 2012 at 9:51 EDT

News - Hapag-Lloyd AG

2005-08-21 00:00:31

GATWICK, UK, Aug. 21 /PRNewswire-FirstCall/ -- The CP Ships Limited Board of Directors has unanimously recommended that shareholders accept an offer from TUI AG to acquire CP Ships in an all-cash transaction for US $21.50 per share or about $2.0 billion on a fully diluted basis.

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