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CMB.TECH Buys Hemen Stake In Golden Ocean

ReutersMar 5, 2025 6:47 AM

- CMBT.BR:

  • ANNOUNCED ON TUESDAY IT HAD ENTERED INTO A SHARE PURCHASE AGREEMENT WITH HEMEN HOLDING LIMITED FOR ACQUISITION OF 81,363,730 SHARES IN GOLDEN OCEAN GROUP LIMITED

  • SHARE PURCHASE AGREEMENT REPRESENTING ABOUT 40.8% OF GOLDEN OCEAN'S OUTSTANDING SHARES AT A PRICE OF $14.49 PER SHARE

  • TRANSACTION WILL NOT TRIGGER MANDATORY TAKEOVER BID

  • CMB.TECH HAS IDENTIFIED BANK SYNDICATE TO REFINANCE ALL OR PARTS OF CURRENT OUTSTANDING DEBT IN GOLDEN OCEAN

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