| Related Stories • Hamburg cancels HHLA auction, opts for 30% IPO instead |
HHLA raised about 1.17 billion euros ($1.69 billion) from the listing of about 30 percent of its capital on the Hamburg and Frankfurt stock exchanges.
The city state of Hamburg previously cancelled a 49 percent auction of HHLA involving the likes of Macquarie Bank, Hochtief AG, Deutsche Bahn and Dubai Ports World, before opting for the IPO.