Major shareholders of Harley Marine Services (Harley) have put their combined 60 percent stake in the U.S. marine transportation firm up for sale in a deal that could be worth at least $100 million.
Australian investment bank Macquarie Group, who is also running the sales process, and California-based private equity firm Laurel Crown Partners aim to complete the sale by July.
Macquarie and Laurel Crown Partners acquired their stake in the business in 2008.
The company has a reported value of $350 million including debt.
Read in full: http://shipandbunker.com/news/am/813262-60-stake-in-harley-marine-services-up-for-sale
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