Compañía Sud Americana de Vapores S.A. (SNSE:VAPORES) acquired an additional 2.2% stake in Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) from Qatar Investment Authority for approximately $330 million on January 13, 2020. Compañía Sud Americana de Vapores S.A. acquired 3.89 million shares of Hapag-Lloyd Aktiengesellschaft. Prior to the transaction, Compañía Sud Americana de Vapores S.A held 27.8% stake and after the transaction, Compañía Sud Americana de Vapores S.A. holds 30% stake in Hapag-Lloyd Aktiengesellschaft. The transaction was financed through a bridge loan of $330 million from Quiñenco SA.

Compañía Sud Americana de Vapores S.A. (SNSE:VAPORES) completed the acquisition of an additional 2.2% stake in Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) from Qatar Investment Authority on January 13, 2020.