BOURBON FE to Sell Stake in OSVs Operating in Malaysia

  • Business & Finance

Malaysian Group Tanjung offshore Berhard (Tanjung) and Bourbon Far East Pte. Ltd. (BOURBON FE) have entered into exclusive discussions for the sale of 51% ownership of 9 Bourbon Offshore Supply Vessels (OSVs) operating in Malaysia.

BOURBON FE to Sell Stake in OSVs Operating in Malaysia

In parallel, Tanjung has invited BOURBON to become a shareholder in their company.

Both parties are actively reviewing the proposed transaction and a final decision will be made within the coming months.

BOURBON refused to give any further comment at this stage.

 

[mappress]
June 6, 2014

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