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Thus APL became a wholly owned subsidiary of Singapore based NOL, a global transportation and logistics company engaged in shipping and related businesses.
Below is the study of the problems and strategies that NOL faced or is facing during the acquisition and integration of APL.
Issues/Challenges facing NOL/APL
1) Agency Relationships
There were separate management structures maintained in the group with the CEO of NOL in Singapore and CEO in the United States reporting to the group CEO. This separation between owners and manager creates an agency relationship. This exist when one or more persons (the principal or principals) hire another person or persons) as decision making specialist to perform a service...
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