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Tuesday, April 5, 2011

CORRECTED-Oman's Onyx takes 15% stake in Hapag-Lloyd

Omani state-owned Onyx Investments Ltd has taken a 15 percent stake in German container shipping company Hapag-Lloyd [HPLG.UL], an official at Onyx said on Monday. "Onyx Investments has bought a 15 percent stake in Hapag-Lloyd," the official, who declined to be named and did not give a value for the deal, told Reuters. Among Onyx parent the Oman Investment Fund's other overseas acquisitions is a 12.6 percent stake in Hanoi-based Petrovietnam Insurance PVI.HN bought for $42.8 million in 2010.

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