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Dockwise Ltd Updates on Mandatory Offer by Koninklijke Boskalis Westminster NV’s Subsidiary


Wednesday, 13 Mar 2013 03:53am EDT 

Dockwise Ltd announced with reference to the Koninklijke Boskalis Westminster NV’s mandatory offer to, through its wholly-owned subsidiary Boskalis Holding B.V., acquire all the issued and outstanding common shares of Dockwise Ltd on the terms and conditions set forth in the offer document dated February 8, 2013, that Sankaty Advisors, LLC has, after close of trading at the Oslo Stock Exchange on March 12, 2013, through the affiliated funds, accepted the mandatory offer for a total of 4,416,359 shares in Dockwise, representing a total of approximately 11.1% of the outstanding shares and votes in Dockwise. The shares were sold at a price of EUR 18.50/NOK 137.65 per share. Following disposal of the Shares, Sankaty Advisors together with related parties, no longer hold any shares, voting rights or rights to shares in Dockwise. 

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