Subscribe to RSS feedBoskalis declares offer for Smit unconditional
by
Roger Hailey, London
—
last modified
Apr 14, 2010 04:02 PM
DREDGING giant Boskalis has declared unconditional its €60-per-share and dividend offer for fellow Dutch maritime services company Smit, with nearly 90% of the shares accepted.
The on-off €1.4bn (US$1.9bn) merger, which saw Boskalis’ original takeover approach rejected by Smit in September 2008, will create a maritime services company of “global scale”.
A crucial aspect of the deal is that the four core activities of...
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