Dutch marine transport specialist Dockwise today announces that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the outstanding shares of Fairstar Heavy Transport N.V. (“Fairstar”).
Over the weekend shares were bought from various shareholders including Indofin/Parkland.
Dockwise has agreed the purchase of 17,834,122 shares or 20% in Fairstar, increasing its holdings from 60.4% to 80.4%. Shares were bought from Indofin/Parkland and certain other shareholders.
Press Release, July 2, 2012