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You are here: Home Archive 2009 December Weekly Edition 17th December 2009 Boskalis raises funds for Smit merger

Boskalis raises funds for Smit merger

by Roger Hailey, London last modified Dec 18, 2009 11:16 AM

ROYAL Boskalis Westminster has raised €230m (US$339.2m) through a €25.50 per share placing to help finance its €1.4bn merger with Smit Internationale, the fellow Dutch maritime services provider.The payment for and issue and delivery of the shares was set to take place on December 15, Boskalis said.

“It is expected that the shares to be issued to HAL Investments and Delta Lloyd will be admitted to listing on Euronext Amsterdam by NYSE Euronext within a 90 day period from their issuance.”
Last week, Boskalis issued an update...

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