Belgian-based shipowner CMB says that its 100% subsidiary Bocimar Hong Kong has concluded an agreement to acquire a 27% stake in shipmanager Anglo-Eastern Group. A CMB statement makes no mention of how much it is paying for the stake but says the deal is still subject to due diligence.
Explaining the move CMB says: “Through this acquisition CMB will establish itself in this specialised sector and secure its access to ship management and crew management services.” The deal is expected to be finalised in August.
Explaining the move CMB says: “Through this acquisition CMB will establish itself in this specialised sector and secure its access to ship management and crew management services.” The deal is expected to be finalised in August.