Belships ASA to Accept Blue Northern Acquisition

Belships ASA (DE:NS6) has released an update.

Belships ASA has reached an agreement with Blue Northern BLK Ltd for a voluntary cash tender offer, valuing the company at approximately NOK 5.182 billion, with a 29.4% premium on its share price. The board unanimously recommends shareholders accept the offer, citing fair valuation and strategic growth opportunities. Major shareholders, holding 61.23% of shares, have committed to the offer, marking a significant move in the maritime investment landscape.

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