CMB. TECH NV has announced a share purchase agreement with Hemen Holding Limited to acquire 81,363,730 shares in Golden Ocean Group Limited. This represents approximately 40.8% of Golden Ocean’s outstanding shares and voting rights, including all Golden Ocean shares controlled by Hemen, reports CMB.TECH.
Significant Milestone
CMB.TECH is acquiring shares of Golden Ocean from Hemen, aligning with its diversification strategy and goal of becoming a long-term shareholder in Golden Ocean and investing in a modern dry bulk fleet.
CMB.TECH CEO, Alexander Saverys called the acquisition a “significant milestone” and expressed anticipation in working with Golden Ocean’s board, management, and employees to build on its legacy and drive growth and innovation.
CMB.TECH has secured a bank syndicate to refinance Golden Ocean’s outstanding debt, should the transaction impact existing financing agreements.
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Source: CMB.TECH
