Stolt-Nielsen Limited Acquires Jo Tankers
(Thomson Reuters ONE) -
LONDON, November 23, 2016 - Stolt-Nielsen Limited (Oslo Børs: SNI) announced
today that it has completed its previously announced acquisition of the chemical
tanker operations of Jo Tankers, consisting of 13 chemical tankers and a 50%
share in a joint venture with eight chemical tanker newbuildings, representing
an enterprise value of $575.0 million.
For additional information please contact:
Jan Chr. Engelhardtsen
Chief Financial Officer
U.K. +44 (0) 20 7611 8972
j.engelhardtsen(at)stolt.com
Jens F. Grüner-Hegge
V.P. Corporate Finance
U.K. +44 (0) 20 7611 8985
j.gruner-hegge(at)stolt.com
About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global provider of
integrated transportation solutions for bulk liquid chemicals, edible oils,
acids, and other specialty liquids through its three largest business divisions,
Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea Farm
produces and markets high quality turbot, sole, sturgeon, and caviar. Stolt-
Nielsen Gas develops opportunities in LPG and LNG shipping and distribution.
Stolt-Nielsen Limited is listed on the Oslo Stock Exchange.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Forward-Looking Statements
This press release contains "forward-looking statements" based on information
available to the Company on the date hereof, and the Company assumes no
obligation to update any such forward-looking statement. These statements may be
identified by the use of words like "anticipate," "believe," "estimate,"
"expect," "intend," "may," "plan," "project," "will," "should," "seek," and
similar expressions. The forward-looking statements reflect the Company's
current views and assumptions and are subject to risks and uncertainties. The
Company does not represent or warrant that the Company's actual future results,
performance or achievements will be as discussed in the those statements, and
assumes no obligation to, and does not intend to, update any of those forward-
looking statements other than as may be required by applicable law.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Stolt-Nielsen Limited via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 23.11.2016 - 11:01 Uhr
Sprache: Deutsch
News-ID 508767
Anzahl Zeichen: 3029
contact information:
Town:
London
Kategorie:
Business News
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"Stolt-Nielsen Limited Acquires Jo Tankers"
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Stolt-Nielsen Limited (Nachricht senden)
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