- Offer price of HK$78.67 cash per share to all OOIL shareholders by way of pre- conditional Voluntary General Offer
- Pre-conditions include relevant regulatory approvals, as well as COSCO SHIPPING Holdings shareholder approval
- Joint Offerors intend to maintain OOIL’s listed status following close of the Offer
- Joint Offerors commit to maintaining employment of all employees and will retain existing compensation and benefit system of OOIL
Cosco Shipping Holdings and SIPG jointly offer to acquire OOIL
posted by AJOT | Jul 10 2017 at 07:04 AM | Liner Shipping
Combination creates a global leader