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Koninklijke Boskalis Westminster NV Sells Stake in Archirodon for USD 190 Million

Thursday, 11 Jul 2013 05:43am EDT 

Koninklijke Boskalis Westminster NV (Boskalis)announced that it completed the sale of its 40% stake in Archirodon Group NV (Archirodon). The possible sale had already been announced in November 2012 after Boskalis was approached by the party in question from the Middle East. The equity interest was partly sold to this party and partly to the existing 60% co-shareholder. Boskalis received a cash sum of USD 190 million for its 40% stake. 

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