Independent journal on economy and transport policy
07:44 GMT+1
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To conclusion of obligatory the public purchase offer Fincantieri it obtains ulterior only a 4.88% of STX OSV
The quota the navalmeccanico group Italian salt to 55.63%
March 14, 2013
Obligatory the public purchase offer introduced from the navalmeccanico group Fincantieri - Italian Ship yards Spa in order to obtain remaining sets in action of shipbuilding society STX OSV Holdings Ltd. to the unit price of 1,22 dollars of Singapore (0,75 euros), offered that it has had the duration of a month and is concluded yesterday, has yielded to Italian group only 57.620.268 set in action, pairs to ulterior a 4.88% of the capital stock of STX OSV, of which Fincantieri it stopped the control from the beginning of this year with 50.75% of the total capital having carried to term the acquisition of 598.851.000 sets in action through the society integrally controlled Fincantieri Oil & Gas Spa ( on 23 January 2013).
STX OSV Holdings Ltd., that it has center in Norway and it will be renamed VARD ( on 5 March 2013), it will continue to being quoted to the Stock exchange of Singapore. While the change of the share order of the society has determined some changes in the board of directors, from which Kyung Jin Hong and councilmen Byung-Ryoon Woo and Ho Nam Yi have exited chairman.
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