Exmar takeover set

Written by  John McKay
Wednesday, 20 September 2023
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Sept 20 (LNGJ) - Belgian shipping company Exmar, which chartered a regasification barge to the Netherlands and sold a floating LNG production vessel to Italy’s Eni for deployment in Africa, is set to be taken over by Saverex NV, the holding company of the family of Exmar Executive Chairman Nicolas Saverys.

   Exmar, based in Antwerp, had reopened the acceptance period to September 15 for the voluntary public takeover bid launched by Saverex for all shares and share options not already controlled by the bidder. As a result, Saverex now owns 47.81 million shares, representing 80.36 percent of Exmar. Taking into account the shares held by Chairman Saverys and Exmar itself Saverex controls 49.83M shares, representing 83.76 percent of Exmar. “The payment of the bid price for the shares (€12.10 per share and €2.48 per share option) offered during the voluntary reopening is scheduled for October 2, 2023,” said Exmar.

Last modified on Wednesday, 20 September 2023 07:06
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