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APL to be sold?
[ July 27, 2015 // Chris ]Speculation is rising that Singapore state investment arm Temasek is considering selling container shipping line NOL-APL, in which it holds a majority stake. It follos the sale in May of the separate APL Logistics business to Kintetsu. There have also been suggestions that a merger between APL and OOCL is being considered, although these have since been played down.