Search results for: privatization

8631 results

A list of search results

  • 11 January 2019
    Business & Finance

    The High Court of Hong Kong has sanctioned the proposed privatization of Sinotrans Shipping Limited.

  • 19 December 2018
    Business & Finance

    Eneco Group’s shareholders, supervisory board and board of management have decided to carry out the privatization of the company following discussions over the past months.

  • 2 March 2016
    Business & Finance

    The government of Brazil has revealed its plans to launch the second procedure for privatization of six port areas in an effort to attract investment and development funds, the country’s Secretariat of Ports (SEP) said. The privatization is expected to start on March 31, 2016, when the lease tenders for six north terminals would be opened. […]

  • 12 March 2018
    Business & Finance

    Navios Containers will raise up to USD 30 million in a private placement to finance possible vessel acquisitions.

  • 19 October 2018
    Business & Finance

    Sinotrans Shipping Limited informed that its privatization plans have hit a snag.

  • 6 May 2016
    Business & Finance

    Selection of consultants for the privatization of Russian shipping company Sovcomflot has been launched, Russian Ministry of Economy said. As informed, Russia has sent proposals to banks and organizations to help organize and sell 25 percent in Sovcomflot minus one share. According to local media both Russian and international banks have submitted proposals to take part in […]

  • 22 January 2020

    The sale is expected to be completed in two years.

  • 8 November 2019
    Business & Finance, Operations & Maintenance, Research & Development

    Ocean Renewable Power Company (ORPC) has closed on commitments for $7.5 million in private equity, allowing it to expand its business development and sales focus in the U.S., Canada and Chile. The new deal comes a week after ORPC scooped up Department of Energy (DOE) grant of $3.8 million to develop innovative hydropower technology. “With […]

  • 5 November 2013
    Business & Finance

    Dorian LPG Ltd. has successfully completed a subscription for its private placement of 80,405,405 shares to Norwegian and international institutional investors at a price of NOK 18.50, representing approximately $250 million in proceeds (the Private Placement). The Private Placement follows a week after the announcement that Dorian LPG entered into an agreement with Scorpio Tankers […]

  • 28 November 2018
    Business & Finance

    HSH Nordbank AG has become the first successfully privatized state-owned bank in Germany.

  • 15 May 2018
    Business & Finance

    DFDS has raised USD 160 million via a private placement of shares.

  • 3 January 2018
    Business & Finance

    The agitation by the employees of the public sector Dredging Corporation of India (DCI) against the proposed strategic sale of equity has entered its 37th day, local media reports.  “A decision for going on an indefinite camp will be taken shortly after consulting all the unions,” a spokesperson for ‘Save DCI JAC’ said. Ignoring the protests from the employees and political parties, the […]

  • 26 March 2015
    Business & Finance

    French liner company CMA CGM’s Terminal Link subsidiary has reached an agreement with the Jamaican government on privatization of the Kingston Container Terminal (KCT). Under the deal, Terminal Link won a long-term concession to finance, expand, maintain and operate the terminal. The contract signing to seal the agreement is slated to take place on April […]

  • 29 May 2019
    Business & Finance

    Belships has raised NOK 72.6 million (USD 8.3 million) through a private placement of its shares.

  • 23 January 2018
    Business & Finance

    TORM raised USD 100 million through a private placement of new Class A common shares. 

  • 26 January 2018
    Business & Finance, Equipment

    Ocean bottom seismic specialist Magseis has privately raised NOK 300 million ($39 million) through the application and conditional allocation of new shares. The net proceeds from the private placement will be used to finance the company’s current growth plans and for general corporate purposes. “The board is of the opinion that the private placement will […]

  • 14 March 2017
    Business & Finance

    The privatization of the Russian shipping major Sovcomflot will not be carried out before May, 2017, Russia’s Economy Minister Maxim Oreshkin is quoted as saying by the country’s TASS news agency. The privatization was scheduled to take part in the first half of the year, but it will not take place before May. Russia owns 100% […]

  • 23 July 2013
    Business & Finance

    Royal Boskalis Westminster N.V. has successfully placed USD 325 million US Private Placement notes with 24 institutional investors in the United States. The issue was heavily oversubscribed with a book close to USD 2 billion. The senior notes carry a 10 year maturity with an annual interest rate of 3.66%. The proceeds of the private […]

  • 23 February 2018

    The Greek Parliament has ratified the concession contract for the privatization of the Port of Thessaloniki.

  • 25 June 2014
    Business & Finance

    Despite not winning federal government grant, a Cleveland-based non-profit group which plans to build a wind farm in Lake Erie is keen on advancing with the project. Although Lake Erie Energy Development Corporation (LEEDCo) did not qualify for the USD 47 million grant, the Department of Energy (DOE) gave LEEDCo USD 3 million to complete […]

  • 9 June 2014
    Business & Finance

    After successfully delivery of the Aurora Taurus in April, Aurora LPG Holding AS also took delivery of the LPG Tanker Aurora Leo (former Mill Reef) in the beginning of June. The company also announced that the “conditions for completion” of the previously announced private placement have been met, i.a. execution of corporate resolutions, execution of the […]

  • 30 November 2017
    Business & Finance

    Taiwan’s shipping company Yang Ming Marine Transportation Corp is gearing up to launch a second private placement, targeting NTW 2.62 billion (approximately USD 87 million). The company said that its Board of Directors met on November 29 and approved its second private placement plan by issuing 257,753,442 new shares at a premium of NTD 10.18 per […]