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EU extends Hapag-Lloyd, CSAV review to assess remedies

By Dafydd Nelson ( August 22, 2014, 08:30 GMT | Insight) -- The European Commission has extended its review of a merger between Hapag-Lloyd and Compañía Sud Americana de Vapores to assess remedies that the liner shippers have proposed to ease concerns about the deal. The EU watchdog has pushed its initial decision deadline back by two weeks to Sept. 11, from Aug. 28, giving it time to review the commitments.The European Commission has extended its review of a merger between Hapag-Lloyd and Compañía Sud Americana de Vapores to assess remedies that the liner shippers have proposed to ease concerns about the deal....

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