A.P. Moller - Maersk A/S today through the Swedish Financial Supervisory Authority made public that it now owns more than 1/3 of the shares in Broström AB (publ) after having acquired shares from the two major B-shareholders Odin Funds and Case Asset Management.
The combination of share purchases made in the market and the irrevocable undertakings to accept the public offer made by the A-shareholders currently amounts to more than 65% of the capital and 78% of the votes in Broström AB (publ), excluding treasury shares. The public offer is made through the fully owned subsidiary Maersk Product Tankers AB. The acceptance period for the public offer ends on 28 November 2008 and completion of the offer is subject to regulatory approvals.
The combination of the two companies will form the world’s leading product tanker company with a combined owned and long term chartered fleet of more than 130 vessels.
The combination of share purchases made in the market and the irrevocable undertakings to accept the public offer made by the A-shareholders currently amounts to more than 65% of the capital and 78% of the votes in Broström AB (publ), excluding treasury shares. The public offer is made through the fully owned subsidiary Maersk Product Tankers AB. The acceptance period for the public offer ends on 28 November 2008 and completion of the offer is subject to regulatory approvals.
The combination of the two companies will form the world’s leading product tanker company with a combined owned and long term chartered fleet of more than 130 vessels.