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Dockwise Ltd Comments on Increased Price in Koninklijke Boskalis Westminster NV's Offer to Acquire Shares in Dockwise


Monday, 17 Dec 2012 03:17am EST 

Dockwise Ltd announced that it has taken notice of December 17, 2012 morning's release on the agreement between Koninklijke Boskalis Westminster NV (Boskalis) and Project Holland Fonds whereby the latter has committed to sell shares in Dockwise for a price of EUR18 per share. Dockwise announced that it is encouraged by the increase in price by 5% from EUR 17.20 to EUR 18 per share but is of the opinion that this increased price does still not sufficiently reflect the value of Dockwise ltd. Dockwise will continue the dialogue with Boskalis on the conditions of the intended offer including their request for due diligence. 

Company Quote

40.815
0.11 +0.27%
11:35am EDT