Reports from Copenhagen confirm that the necessary approvals for the A.P. Moller - Maersk Group’s sale of car carriers to H’egh Autoliners have been obtained.
As announced on 30 January 2008, the A.P. Moller - Maersk Group sold 18 car carriers to H’egh Autoliners and simultaneously became shareholder with a 37.5% ownership.
The agreement was subject to a number of approvals by various authorities. All approvals have now been obtained and the transaction is thus final as of today 12 March 2008.