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NOCC de-listing today following Klaveness buyout
Norwegian Car Carriers (NOCC) will today be de-listed from the Oslo Børs stock exchange as it is wholly-owned by Klaveness' Car Carriers Investments.
Seatrade Maritime
April 7, 2014
1 Min Read
Kalyakan - stock.adobe.com
At an extraordinary general meeting in March the de-listing was agreed, as well as the conversion of the company to a private limited company.
The board of NOCC advised shareholders not to accept a voluntary bid from JP Morgan and Klaveness backed Car Carrier Invesments, but the voluntary bid was successful with 90.97% of outstanding shares gathered, followed by a compulsory acquisition.
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