Bourbon disposes of its interest in Rigdon Marine

Company News - June 3, 2008

| More

Goupe Bourbon has announced that under the merger proposal between Rigdon Marine Corporation and Gulfmark Offshore,
announced on May 28, Bourbon is to sell its interest in the Rigdon companies.

The sale will be effective on completion of the merger which is due to take place in the thirdrd quarter of 2008.

For BOURBON it will generate:

• capital gain on sale of approximately Euros 60 million,
• repayment by Rigdon of loans granted by Bourbon to a total of 110 million euros,

which, in addition to the cash proceeds from the sale, will reduce the group’s debt.

 

More articles from this category

More news

Categories

Product Guide

News Letter

Fill in your name, company and e-mail address below for our bi-weekly newsletter.

Subscribe
Unsubscribe

Clarksons

Powered by MARIS.

Subscribe to Offshore Shipping News Online RSS

Follow Offshore Shipping News Online on Twitter

Subscribe to email updates

Sponsors

sponsorsponsorsponsor

Events

Dredging in India
03-04 September 2014
India, Mumbai.

Maintenance & Repair for Offshore Wind Structures Seminar
17-18 September 2014
United kingdom, London.

Myanmar Offshore Congress 2014
25-26 September 2014
Myanmar, Yangon.

Offshore Marine Crewing
01-02 October 2014
Norway, Oslo.

FPSO Training Course Amsterdam
06-08 October 2014
Netherlands, Amsterdam.

More events