Aker Yards to examine 'strategic alternatives' following ownership change |
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Published
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Tue, 23 Oct 2007 12:09
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OSLO (Thomson Financial) - Aker Yards ASA said it is to examine the 'strategic alternatives' available to it following the announcement that South Korean investment group STX has bought a 39.2 pct stake in the Norwegian ship-builder.Aker Yards' chairman Svein Sivertsen said in a statement: 'We will now gather all relevant information in order to review the strategic alternatives available in order to maximise the value of Aker Yards.'No additional details were immediately available, but Sivertsen added that the 'board's main task is to consider the interest of all shareholders'.Late last night STX said it bought the 39.2 pct stake at 97 nkr per share, a 38 pct premium to last night's closing price.alastair.reed@thomson.comar/jlcCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Aker Yards says ABG Sundal Collier to buy 33.4-39.2 pct of shares at 97 nkr each 