Thursday, June 2, 2016

UPDATE 1-UASC says shareholders back Hapag-Lloyd merger

LONDON, June 2 (Reuters) - The shareholders of Middle East

container shipping group United Arab Shipping Company (UASC)

back the company's merger talks with German rival Hapag-Lloyd

although there has not yet been a vote to approve a

deal, UASC said on Thursday.

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