24th Dec 2015 08:44
LONDON (Alliance News) - Ocean Wilsons Holdings Ltd on Thursday said its Wilson Sons Ltd subsidiary has bought the remaining 7.5% stake in Tecon Salvador it didn't already own for around USD4.7 million.
Ocean Wilsons is a Bermuda-based investment company, which through the Wilson Sons subsidiary operates as a maritime services company in Brazil.
Wilson Sons will acquire the 7.5% stake in Tecon Salvador SA from a minority shareholder, raising its ownership of the Brazilian container terminal to 100%.
Ocean Wilsons shares were untraded on Thursday, having last traded at 760.10 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Ocean Wilsons