Approval of Rederi AB TransAtlantic's Acquisition of Trans Viking by the Lenders Concerned

Approval of Rederi AB TransAtlantic's Acquisition of Trans Viking by the Lenders Concerned

ID: 42922

(Thomson Reuters ONE) -


The lenders concerned have approved Rederi AB TransAtlantic (publ)'s acquisition
of the outstanding shares in the companies included in Trans Viking - the joint
venture within the business area Offshore/Icebreaking, which is owned in equal
shares by Rederi AB TransAtlantic and the Norwegian company Kistefos AS, through
its subsidiary Viking Supply Ships AS.

The transaction was announced by TransAtlantic on August 13, 2010. Further,
TransAtlantic announced on September 7, 2010 that the relevant competition
authority has approved the acquisition. The transaction is intended to be
effected by way of issuance in kind, at which payment shall be made by issuance
of new A and B shares in TransAtlantic, and is conditioned upon a decision by
the Extraordinary General Meeting in TransAtlantic to be held on September
22, 2010.


For more information please contact acting CEO in TransAtlantic, Stefan
Eliasson, phone +46 (0)304 67 47 00.


Rederi AB Transatlantic is a leading Swedish shipping company. Operations are
organized into two business areas: Offshore/Icebreaking and Industrial Shipping.
The ships fleet consists of 38 vessels, three anchor handling vessels that are
to be delivered 2010-2011, and also of ships chartered for shorter periods. The
company has approximately 1 100 employees. The TransAtlantic shares are listed
on NASDAQ OMX Stockholm Small Cap segment.

TransAtlantic is obliged to make this information public according the Financial
Markets Act and the Financial Instruments Trading Act (Sw: lagen om
värdepappersmarknaden och lagen om handel med finansiella instrument). The
information was submitted for publication on September 22, 2010 at 10.30 a.m.



[HUG#1445968]





Press release PDF:
http://hugin.info/135816/R/1445968/389070.PDF






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Rederi AB Transatlantic via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 22.09.2010 - 10:30 Uhr
Sprache: Deutsch
News-ID 42922
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contact information:
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Skärhamn



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Business News



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Die Pressemitteilung mit dem Titel:
"Approval of Rederi AB TransAtlantic's Acquisition of Trans Viking by the Lenders Concerned"
steht unter der journalistisch-redaktionellen Verantwortung von

Rederi AB Transatlantic (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

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