NOL halts trading as news of APL Logistics .2 billion sale breaks
HONG KONG — Neptune Orient Lines suspended trading this afternoon as news broke in Japan that its forwarding arm, APL Logistics, was to be bought by Kintetsu World Express for $1.2 billion.The reason given for halting trading on the Singapore Exchange was simply, “Pending announcement.” No further details were given…
NOL halts trading as news of APL Logistics .2 billion sale breaks
Journal of Commerce