- Oil merchant Torben Østergaard-Nielsen now assigns 66 percent of his life work, A / S United Shipping & Trading Company, to his two daughters, Nina Østergaard Borris and Mia Østergaard Nielsen.
- The two women, both under 40, thus become both billionaires. Nina Østergaard Borris has been deputy commander of the billion group since January this year.
- A / S United Shipping & Trading Company is the country’s ninth largest company in terms of turnover with a top line of DKK 71.6 billion. kr.
- For the time being, Torben Østergaard-Nielsen retains the controlling A shares in the parent company Selfinvest. But in the years to come, the children are scheduled to inherit it all.
A recently published news in the Berlingske deals with the most important news of the shipping industry where the Oil merchant Torben Østergaard-Nielsen now assigns 66 percent of his life work, A / S United Shipping & Trading Company, to his two daughters, Nina Østergaard Borris and Mia Østergaard Nielsen.
Not out of intention
It was not the intention that the generational change should already take place now, but when the S-government and its support parties at the turn of the year increased the inheritance tax from six to 15 percent, the family brought forward the generational change, Torben Østergaard-Nielsen informs Børsen.
The company must pay up to a triple-digit million amount to the state in inheritance tax.
“We have liquidity for it, but then we couldn’t do more either,” he tells Børsen.
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Source: Berlingske
