Boskalis Complete Sale of its Equity Stake in Saam Smit Towage to SAAM for USD 200 Million
Royal Boskalis Westminster N.V. (Boskalis) has completed the sale of its equity stake in Saam Smit Towage to SAAM S.A. (SAAM). The intended sale was announced on 11 February 2019. In line with the initial announcement, Boskalis received approximately USD 200 million in cash for its equity stake in the …
Boskalis Signs Deal to Sell its Equity Stake in SAAM SMIT Towage for USD 201 Million
Royal Boskalis Westminster N.V. has signed an agreement with SAAM S.A. relating to the sale and purchase of the equity stake held by Boskalis in SAAM SMIT Towage. Under the terms of the agreement, the total (100%) enterprise value of SAAM SMIT Towage is valued at USD 560 million. Boskalis …