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    Genting Hong Kong to acquire Lloyd Werft

    Yard News // September 21, 2015

    Genting Hong Kong has entered into an agreement to acquire Lloyd Werft shipyard in Bremerhaven, Germany, in a deal that will see the company invest EUR17.5 million for a 50 per cent ownership of the land and 70 per cent of the newbuild business.

    Under the terms of the agreement, Genting Hong Kong will complete the acquisition of Lloyd Werft subject to the fulfilment of certain final purchase conditions.

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