Brief: Wilhelmsen Buys 25% Of Østensjø Group's Edda Wind

Wilh Wilhelmsen Holding ASA

15/09/2020 14:06

Sept 15 (Reuters) - Wilh Wilhelmsen Holding ASA  WWI.OL :
    * WILHELMSEN AND ØSTENSJØ JOIN FORCES TO FAST TRACK GROWTH
OF
RENEWABLE ENERGY COMPANY EDDA WIND
    * ACQUIRES 25% OF ØSTENSJØ GROUP'S GROWING OFFSHORE WIND
COMPANY,
EDDA WIND
    * WILHELMSEN HAS ALSO SECURED AN OPTION TO BUY ANOTHER 25%
BEFORE
JUNE 2021
    * PARTIES HAVE AGREED NOT TO DISCLOSE ANY DETAILS RELATED TO
FINANCIAL TRANSACTION
    * ØSTENSJØ REDERI WILL CONTINUE TO MANAGE EDDA WIND FLEET

Source text for Eikon:  ID:nObiB8t1Ha 
Further company coverage:  WWI.OL 

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