Tag: merger

Saltchuk Resources has announced that it has acquired all of the outstanding shares of common stock of Overseas Shipholding Group, Inc. not already owned by Saltchuk for a purchase price of $8.50 per share in cash, an enterprise value of approximately $950 million.  

NYK Group has reached an agreement with ENEOS Ocean Corporation to acquire 80% of the shares of a new company that will take over ENEOS Ocean's shipping business.

DOF Group ASA announced that it has entered into an agreement to acquire Maersk Supply Service A/S (MSS) to further enhance its position as a major integrated offshore services provider.

SAS Shipping Agencies Services Sàrl (SAS Shipping) is progressing towards acquiring Gram Car Carriers ASA (GCC) with a voluntary cash offer of NOK 263.69 per share. 

Mitsui O.S.K. Lines announced that it has decided to undertake a business reorganization of its equity-method affiliate company, Gearbulk Holding AG and acquire a 72% stake in the company, making it a consolidated subsidiary company, by around January 2025.

MGO Global Inc. and Heidmar, Inc. have entered into a significant Business Combination Agreement (BCA) aimed at merging their operations into a unified entity under the Heidmar name.

Singapore's Temasek Holdings is finalizing the sale of certain assets from its liquefied natural gas (LNG) trading firm, Pavilion Energy, to Shell, with the deal expected to close imminently.

V.Group (V.) announced that a consortium led by STAR Capital (STAR) including Ackermans & van Haaren and others (Consortium) has signed an agreement to acquire the company from Advent International.

China Merchants Energy Shipping (CMES) has announced plans to consolidate its holdings in Antong Holdings, forming "China Merchants Container Shipping" through a strategic restructuring involving Sinotrans Shipping and Guangzhou China Merchants Ro-Ro Transport.

NAVTOR CEO Tor Svanes explains how the company’s recent merger with Voyager Worldwide is set to deliver smart(er) shipping opportunities to customers across the globe. It’s time, he argues, to think big.