Hemen sells stake in Golden Ocean to CMB.TECH
04 Março 2025 - 7:30PM
Limassol, Cyprus, March 4, 2025 – Hemen Holding
Limited (“Hemen”) today announced that it has entered into an
agreement to sell 81,363,730 shares in Golden Ocean Group Limited
(NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean") to CMB.TECH
(NYSE: CMBT & Euronext: CMBT) (“CMB.TECH”), for a total
consideration of approximately USD 1,179 million (the
“Transaction”). The shares represent ca. 40.8%1 of Golden Ocean’s
outstanding shares and votes and includes all Hemen's shares in the
Company.
The Transaction will not trigger a mandatory
takeover bid or similar offer in Bermuda, Norway, the United
States, or any other jurisdiction. The Transaction is exempt from
registration under the U.S. Securities Act of 1933, as amended.
Christakis Theodoulou, Hemen, comments: "Hemen
has been the driving force behind the development of Golden Ocean
since the spin-off from Frontline in 2004 with subsequent listing
on the Oslo Stock Exchange and later through the merger with
Knightsbridge on NASDAQ. Through a series of successful
acquisitions and purchases of new and secondhand vessels, Golden
Ocean has since grown its fleet from 3 to 91 vessels, creating one
of the largest listed owners of large size modern drybulk vessels,
while at the same time returning value to its shareholders in the
form of dividends. Golden Ocean has in total paid out USD ~2
billion of dividends since the spin-off from Frontline in 2004.
Hemen is now pleased to see that a renowned
drybulk owner and operator with a rich history such as CMB.TECH
recognizes the strength and the value of the Golden Ocean platform
and its employees and has substantiated this through an acquisition
of our shares”.
The Transaction is not subject to any
conditions, and completion is expected to take place on 12 March
2025.
DNB Markets, a part of DNB Bank ASA, has acted
as a financial advisor to Hemen. Advokatfirmaet Schjødt AS has
acted as legal advisor to Hemen.
1 Excluding treasury shares
Golden Ocean (NASDAQ:GOGL)
Gráfico Histórico do Ativo
De Fev 2025 até Mar 2025
Golden Ocean (NASDAQ:GOGL)
Gráfico Histórico do Ativo
De Mar 2024 até Mar 2025
