Taiwan News, 22 Sep 2008, Bloomberg
Neptune Orient Lines Ltd., Southeast Asia's largest shipping line, and a group involving the city of Hamburg will have to make their final bids for TUI AG's Hapag-Lloyd unit by the end of September.
"The deadline is at the end of this month," TUI spokesman Uwe Kattwinkel said in an interview, confirming a report in Hamburger Abendblatt today. He declined to say when the board of TUI, Europe's largest tour operator, will decide about the winner of the auction or how much money TUI expects for its container line.
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Investors set to bid for TUI's Hapag-Lloyd-papers - Reuters, 21 Sep 08
