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CP Ships and Dannebrog Agree to End Nordana Acquisition Discussions
| 14.12.01 London, UK (14 December 2001) - CP Ships and Dannebrog have decided not to proceed with the planned acquisition of Nordana Line by CP Ships. In the month since the acquisition plan was announced on 14th November, further discussions revealed a number of issues that prevented the transaction from being completed to both parties' satisfaction. CP Ships remains committed to its strategy of making selective acquisitions to reinforce its position in its principal regional markets.
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