Brief: CMB.TECH Buys Hemen Stake In Golden Ocean

CMB.TECH NV

05/03/2025 06:47

March 5 (Reuters) - 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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 Further company coverage: CMBT.BR

 (Gdansk Newsroom)

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