Home › Caledonia Investments sells stake in TGE Marine for A 78.7m cash
 

Keywords :   


Caledonia Investments sells stake in TGE Marine for A 78.7m cash

2015-09-28 12:23:24| Trucking - Topix.net

Caledonia Investments has entered into a binding agreement for the sale of its stake in TGE Marine to MES Germany Beteiligungs, a wholly-owned subsidiary of Mitsui Engineering & Shipbuilding Co, for 106.9m, or A 78.7m in cash. The investment vehicle said the payment for its 67.9% stake in TGE will be made in cash, together with a pre-transaction dividend received of 7.5m, delivering total proceeds of 114.5m, or A 84.1m.

Tags: cash marine investments sells

Category:Transportation and Logistics

Latest from this category

All news
06.10Hurricane Leslie Graphics
06.10Hurricane Leslie Forecast Discussion Number 16
06.10Summary for Hurricane Leslie (AT3/AL132024)
06.10Hurricane Leslie Public Advisory Number 16
06.10Hurricane Leslie Forecast Advisory Number 16
06.10Hurricane Leslie Wind Speed Probabilities Number 16
06.10Hurricane Kirk Graphics
06.10Tropical Storm Milton Graphics
Transportation and Logistics »
06.10Hurricane Leslie Graphics
06.10Hurricane Leslie Forecast Discussion Number 16
06.10Hurricane Leslie Wind Speed Probabilities Number 16
06.10Hurricane Leslie Forecast Advisory Number 16
06.10Hurricane Leslie Public Advisory Number 16
06.10Summary for Hurricane Leslie (AT3/AL132024)
06.10Hurricane Kirk Graphics
06.10Tropical Storm Milton Graphics
More »