Independent journal on economy and transport policy
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Offer of German GC Rieber in order to acquire the entire control of the Armada Seismic
the company possesses two seismic ships rented to the Dolphin Geophysical
May 7, 2012
Today shipowning society German GC Rieber Shipping (RISH), through the society integrally controlled Polar Ship Invest IV, has introduced an offer in order to acquire all the circulating actions of the Armada Seismic not currently stopped from Polar.
Armada is constituted in 2010 with the objective to acquire two seismic ships constructed by the Spanish ship yard Factorias Volcano that are time in the long term operating and rented to the Dolphin Geophysical of the Norwegian group Dolphin.
Currently the circulating actions of Armada Seismic are 22,6 million, of which 65.46% of property of German RISH through the Polar. The offer to the minority stockholders, that they stop 7,8 million sets in action, previews that their participation for a fee of 26 Norwegian crowns yields per.share.
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