Subscribe to RSS feedBoskalis and Smit agree to merge in 2010
Dutch maritime services operators Royal Boskalis and Smit Internationale are set to merge in a €1.4bn (US$2.1bn) deal which ends almost two years of cat-and-mouse takeover attempts.
Royal deal: Boskalis used Queen of the Netherlands (above) as part of its Port Phillip Bay deepening.
Dredging giant Royal Boskalis, whose earlier €1.1bn takeover bid for Smit was resoundingly rejected in September 2008, already owns 26.4% of its Dutch salvage, towage and heavylift compatriot and will now pay €60 in cash for each outstanding share.
This compares...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
