Brief: Odfjell Sells Ownership Share Of Terminal In Jiangyin, China
16/07/2019 10:42
July 16 (Reuters) - Odfjell SE ODF.OL :
* REG-ODFJELL SE SELLS ITS OWNERSHIP SHARE OF TERMINAL IN
JIANGYIN, CHINA
* TRANSACTION WILL RESULT IN A CAPITAL GAIN EXPECTED TO BE
BOOKED
IN 3Q, AND NET PROCEEDS TO ODFJELL ESTIMATED AT USD 21 MILLION
* DECIDED TO TAG ALONG ON LG'S SALE OF ITS INDIRECT
SHAREHOLDING
IN ODFJELL TERMINALS (JIANGYIN)
* ODFJELL TERMINALS ASIA HOLDING PTE. FINALIZED SALE OF ITS
INDIRECT 55% EQUITY INTEREST IN ODFJELL TERMINALS
Source text for Eikon: ID:nGNE61pGck
Further company coverage: ODF.OL
(Gdynia Newsroom)
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