Independent journal on economy and transport policy
02:34 GMT+1
This page has been automatically translated by Original news
CMA CGM has obtained 97.83% of the capital of the NOL
the French group will complete the acquisition of the remaining actions
July 19, 2016
the French shipowning group CMA CGM has announced that, having obtained the property of beyond 91.05% of the share capital of the group Neptune Orient Lines (NOL) of Singapore and having exercised the right to the obligatory acquisition of the remaining quota the capital, yesterday it has elevated own participation in the NOL to 97.83% approximately, pairs to 2.547.264.348 sets in action.
the French group has specified that it will prune to term in the short possible time the acquisition of remaining sets in action to the unit price of 1,30 dollars of Singapore. Al term of the acquisitions the company of Singapore will become of entire property of CMA CGM and will be activated the procedure of cancellation of the NOL from the list of the Stock exchange of Singapore.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
the French shipowning group CMA CGM has announced that, having obtained the property of beyond 91.05% of the share capital of the group Neptune Orient Lines (NOL) of Singapore and having exercised the right to the obligatory acquisition of the remaining quota the capital, yesterday it has elevated own participation in the NOL to 97.83% approximately, pairs to 2.547.264.348 sets in action.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
