Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Akastor completes sale of 50% of AKOFS Offshore
September 27, 2018

Akastor has completed the sale of 50% of AKOFS Offshore to form Joint Venture with Mitsui and MOL, who each will own 25% of the shares. The price for the 50% shareholding is USD 142.5m, plus interest from locked box date. The transaction will be booked in the third quarter. Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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