P&O Nedlloyd Buying Blue Star's Container Business

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1 total messages Started by mrx Wed, 11 Feb 1998 00:00

Author: mrx
Date: Wed, 11 Feb 1998 00:00

14 lines
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Found at http://www.transporation-news.com

P&O Nedlloyd is buying the container business of Blue Star Line
Ltd. for approximately $100 million.

Blue Star, which is heavy in reefer traffic, will complement P&O
on many trades.

The line said it will use the acquisition to strengthen its position in
trades where the two supplement each other.

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