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Boskalis completes sale of SMIT Gladstone towage operation to Smit

Royal Boskalis Westminster N.V. (Boskalis) has successfully completed the sale of its Australian harbor towage business to its strategic partner Smit Lamnalco. The sale had already been announced in August 2013 as part of a strategic realignment of the towage activities. Boskalis received USD 55 million in cash for all …

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