LONDON: Ocean Wilsons Holdings Limited and Hansa Investment Company Limited have formally agreed to an all-share merger that will see Hansa acquire the entire issued and to-be-issued share capital of Ocean Wilsons through a court-sanctioned scheme under Section 99 of the Bermuda Companies Act. The transaction marks a significant moment in both firms’ histories and…
LONDON: The boards of Hansa Investment Company Limited (“Hansa”) and Ocean Wilsons Holdings Limited (“Ocean Wilsons”) said Tuesday they have reached a preliminary agreement on an all-share combination that would create a diversified global investment company with over £900 million ($1.14 billion) in net assets. Under the proposed deal, Hansa would acquire Ocean Wilsons, with Ocean Wilsons shareholders receiving new shares…
LONDON: Ocean Wilsons has announced that its wholly-owned subsidiary, OW Overseas (Investments) Limited (OWOIL), has agreed to sell its 56.47% stake in Wilson Sons S.A. to SAS Shipping Agencies Services Sàrl (SAS), a subsidiary of MSC Mediterranean Shipping Company SA (MSC). The sale is valued at R$4.352 billion, equivalent to R$17.50 per share. The transaction…