Independent journal on economy and transport policy
18:37 GMT+1
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Green light to the acquisition of the control of the company Pan Ocean by the Harim/JKL consortium
the operation is authorized today by the district Court of Seul after the ok of shareholders and creditors
June 12, 2015
The consortium capeggiato the alimentary group South Korean Harim and participated from the bottom of private South Korean equities JKL Partners, than at the end last year had introduced an offer in order to buy Pan Ocean ( on 17 December 2014), it has obtained today the authorization to acquire 58% of the capital of the South Korean shipowning society, than work an active sand bank fleet about 90 ships mainly in the branch of the marine bulk transport, but it anticipates also in the fields of the container, the goods loose and the gas transport.
The operation, that it will have a value of about 1.100 billion won (910 million dollars), is allowed from the green light with the plan of restructure of the shipowning company that is granted by the majority shareholders, than for 61.6% have voted to favor, and of the creditors, with 87.0% that favorable ballot has expressed.
The plan of restructure of Pan Ocean, than consequently to yes the pronounced friday from shareholders and creditors is approved of today by the district Court of Seul, is agreed in the past few months by Pan Ocean with the buying consortium and previews the devaluation of the capital, that june will be put into effect next the 20, and other measures.
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The consortium capeggiato the alimentary group South Korean Harim and participated from the bottom of private South Korean equities JKL Partners, than at the end last year had introduced an offer in order to buy Pan Ocean 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
