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Home » As Singapore FPSO builder’s directors back its bid, South Korean shipbuilder closing in on takeover deal

As Singapore FPSO builder’s directors back its bid, South Korean shipbuilder closing in on takeover deal

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The sweetened deal South Korea’s shipbuilder Hanwha Ocean made with an 11.67% rise in its final offer seems to have worked its magic, as the independent directors of Singapore-based offshore builder Dyna-Mac have recommended to shareholders to accept the cash offer.

The post As Singapore FPSO builder’s directors back its bid, South Korean shipbuilder closing in on takeover deal appeared first on Offshore Energy.

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