Independent journal on economy and transport policy
19:41 GMT+2
Umoe Bids for Kvaerner Mandal
(The Norway Post)
October 18, 1999
Umoe is looking at Kvaerner Mandal as a possible acquisition, but only if the Spanish shipbuilder Bazan gets the NOK 12 billion frigate contract with the Defence Department. Umoe has a subcontractor deal with Bazan worth NOK 2 billion.
Head of Umoe, Jens Ulltveit Moe confirms that a bid for Kvaerner Mandal shipyard has been made, but declines to reveal ...... Read more on The Norway Post
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