Wilhelmsen has entered into a letter of intent with Eidesvik Eiendomsinvest AS and Simon Møkster Eiendom AS to acquire 32 % of the outstanding shares in NorSea Group AS.

Press release,Published: 19. May 2017 (NorSea group, Wilh. Wilhelmsen Holding ASA)

Wilhelmsen expects the transaction to take place within a couple of months. Subject agreement between the parties, Wilhelmsen will be the majority owner with 72% of the shares, while Eidesvik and Møkster will hold approximately 12% each. The management in NorSea Group holds the remaining 4%.

Wilh. Wilhelmsen Holding ASA published this content on 19 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 May 2017 14:59:28 UTC.

Original documenthttp://www.wilhelmsen.com/media-news-and-events/financial-news/2017/wilhelmsen-becomes-majority-owner-in-norsea-group/

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