STX OSV turns down Fincantieri bid

STX OSV – recommends rejection of Fincantieri offer

The board of Singapore-based STX OSV, following the advice of adviser Ernst & Young Corporate Finance, has recommended shareholders to reject the offer made by the Italian Fincantieri group to acquire the remaining shares in STX OSV.

This is premium content

Already a member? SIGN IN now


Sign up for FREE to continue reading!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!