27-10-2015 14:55 via news.yahoo.com

Hapag-Lloyd postpones IPO after Maersk warning

German container shipping group Hapag-Lloyd [HPLG.UL] is postponing its stock market debut by a week after investors turned its back on the company following peer Maersk's profit warning, two sources told Reuters. If demand for the shares remains weak Hapag may lower the offer price, the people familiar with the deal said on Tuesday, adding that cancelling the IPO also remained an option. Hapag-Lloyd said it was extending the offer period for its initial public offering (IPO) by a week to Nov. 3
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