Subscribe to RSS feedBoskalis stays firm on Smit takeover offer
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Lloyd's List
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last modified
Feb 05, 2010 10:58 AM
Dutch dredging company Boskalis will not upgrade its €1.15bn ($1.8bn) offer for Smit International, despite discontent among some Smit shareholders on the price.
Earlier this week, a group of Smit investors, holding a total of 7.2% in the company, wrote to Smit management claiming its endorsement of Boskalis’s offer of €60 in cash per Smit share, plus the company’s planned 2009 dividend, was...
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