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Wilh Wilhelmsen Holding ASA (WWI.OL)

WWI.OL on Oslo Stock Exchange

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14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Wilh Wilhelmsen Holding increases its shareholding in NorSea Group ​
Wednesday, 20 Sep 2017 08:27am EDT 

Sept 20 (Reuters) - WILH WILHELMSEN HOLDING ASA ::‍WILHELMSEN INCREASES ITS SHAREHOLDING IN NORSEA GROUP FROM 40% TO APPROXIMATELY 72%.​.‍TOTAL CONSIDERATION FOR WILHELMSEN'S ADDITIONAL 32% INVESTMENT IN NORSEA GROUP IS NOK 545 MILLION​.  Full Article

Wilh Wilhelmsen Holding Q2 adjusted total income $146 million
Wednesday, 9 Aug 2017 02:08pm EDT 

Aug 9 (Reuters) - Wilh Wilhelmsen Holding Asa ::GROUP DELIVERED A TOTAL INCOME OF $344 MILLION IN Q2..ADJUSTED FOR A NON-RECURRING ACCOUNTING GAIN TOTAL INCOME WAS $146 MILLION, IN Q2 UP 5% FROM PREVIOUS QUARTER.  Full Article

Wilh Wilhelmsen adds world's most advanced heavy lift vessel to their managed fleet
Friday, 9 Jun 2017 03:26am EDT 

June 9 (Reuters) - WILH WILHELMSEN HOLDING ASA ::WILHELMSEN SHIP MANAGEMENT ADDS WORLD'S MOST ADVANCED HEAVY LIFT VESSEL TO THEIR MANAGED FLEET.NOMINATED AS SHIP MANAGER FOR MV GPO GRACE, GPO HEAVYLIFT'S PURPOSE-BUILT SEMISUBMERSIBLE VESSEL.PROCESS OF SECURING SECOND CONTRACT WITH GPO HEAVYLIFT FOR SECOND HEAVY-LIFT VESSEL, MV GPO AMETHYST IS CURRENTLY ONGOING.  Full Article

Wilh. Wilhelmsen becomes majority owner in NorSea
Friday, 19 May 2017 10:38am EDT 

May 19 (Reuters) - WILH WILHELMSEN HOLDING ASA :WILH. WILHELMSEN HOLDING ASA: WILHELMSEN BECOMES MAJORITY OWNER IN NORSEA.ENTERED INTO LOI WITH EIDESVIK EIENDOMSINVEST AS AND SIMON MØKSTER EIENDOM AS TO BUY 32 % OF OUTSTANDING SHARES IN NORSEA GROUP AS.EXPECTS TRANSACTION TO TAKE PLACE WITHIN A COUPLE OF MONTHS.SUBJECT AGREEMENT BETWEEN PARTIES, WILHELMSEN WILL BE MAJORITY OWNER WITH 72% OF SHARES, WHILE EIDESVIK AND MØKSTER WILL HOLD APPROXIMATELY 12% EACH.  Full Article

Wilh Wilhelmsen Holding Q1 operating profit $41 mln
Wednesday, 10 May 2017 02:00pm EDT 

May 10 (Reuters) - Wilh Wilhelmsen Holding Asa :Wilh. Wilhelmsen Holding asa: results for q1 2017.WWH delivered a total income of USD 588 million, while operating profit ended at USD 41 million in Q1 of 2017.  Full Article

Wilhelmsen acquires Drew Marine Technical for about $400 mln
Thursday, 27 Apr 2017 02:20pm EDT 

April 27 (Reuters) - Wilh Wilhelmsen Holding ASA :Wilh. Wilhelmsen Holding ASA: Wilhelmsen acquires Drew Marine Technical.Deal for USD 400 million.Acquisition is expected to result in a USD 150 million increase in annual total income for Wilhelmsen ships service..Transaction will be financed by using existing credit facilities, available cash and new facilities.About 400 Drew Marine employees will join Wilhelmsen ships service upon completion of transaction.If approval from relevant bodies is not received, parties have agreed on a termination fee of usd 20 million.Acquired business will be brought into Wilhelmsen ships service once transaction is complete.  Full Article

Wilh Wilhelmsen Holding takes over Kemetyl's activities in Norway
Monday, 20 Feb 2017 08:00am EST 

Wilh Wilhelmsen Holding ASA :Wilhelmsen Chemicals takes over Kemetyl's sales and marketing activities for consumer products in Norway.  Full Article

BRIEF-Wilhelmsen and Wallenius to merge
Monday, 5 Sep 2016 02:55am EDT 

Wilh. Wilhelmsen ASA : Wilh. Wilhelmsen Holding ASA and Wilh. Wilhelmsen ASA have signed letter of intent with Rederi AB Soya and Wallenius Lines AB . Parties to establish new ownership structure for their jointly owned investments . New entity to be named Wallenius Wilhelmsen Logistics ASA . Wallenius Wilhelmsen Logistics ASA will be based on existing listing of Wilh. Wilhelmsen ASA and continue to be listed on Oslo Stock Exchange . Aim is to merge parties' ownership in the jointly owned entities Wallenius Wilhelmsen Logistics (jointly owned 100 pct), EUKOR Car Carriers (jointly owned 80 pct) and American Roll-on Roll-off Carrier (jointly owned 100 pct) . Wilh. Wilhelmsen ASA will issue new shares to Wallenius Lines AB . Upon completing transaction, Wilh. Wilhelmsen Holding ASA and Wallenius Lines AB will have equal ownership in one joint company in region of 40 pct each . Proposed merger is expected to enable synergies between $50-100 million .Proposed transaction is expected to close within Q1 2017.  Full Article

Wilh Wilhelmsen Holding: Trident Maritime Systems buys Callenberg Technology
Thursday, 11 Aug 2016 02:00am EDT 

Wilh Wilhelmsen Holding ASA : Callenberg Technology Group to be acquired by Trident Maritime Systems . Wilhelmsen Maritime Services will receive a net sale price of about $64 million, of which $41 million will be in cash at closing, and a seller-financing package of usd 23 million . Net profit effect is a loss of $12 million. .Transaction is expected to be finalised in Q3.  Full Article

Wilh. Wilhelmsen Holding Q2 EBIT down at $77 million
Friday, 5 Aug 2016 02:23am EDT 

Wilh. Wilhelmsen Holding ASA : Said on Thursday Q2 total income $792 million versus $854 million year ago . Q2 EBIT $77 million versus $103 million year ago .Says short-term value development of holding and investments segment will remain sensitive to the global stock market.  Full Article