PT Berlian Laju Tanker, Indonesia’s biggest shipping company, withdrew a bid for Norwegian shipowner Camillo Eitzen & Co. valued at about $160 million after failing to reach agreement on terms. Camillo Eitzen dropped the most in more than three months in Oslo trading. Talks produced “no conclusive results,” Kevin Wong, Berlian Laju’s chief financial officer, said by phone today from Jakarta, where the company is based.
Green Marine
about 16 years ago
Indonesian shipping firm scraps $160 million bid for Norwegian shipowner
PT Berlian Laju Tanker, Indonesia’s biggest shipping company, withdrew a bid for Norwegian shipowner Camillo Eitzen & Co. valued at about $160 million after failing to reach agreement on terms. Camillo Eitzen dropped the most in more than three months in Oslo trading. Talks produced “no conclusive r
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