September 15, 2021 |
Chilean maritime shipping company Sipsa said its shareholders have agreed to sell its stake in Panama-based Interocean Transportation to Norway's American Shipping Company for $35.5 million.
American Shipping, which trades on the Oslo Stock Exchange, will buy 8,559 shares in Interocean for $4,147.68 each, Sipsa said in a securities filing.
The Chilean company's board of directors approved the sale last month, saying the shares were held by its Hazels Investments unit. Sipsa did not sale what it
Chilean shipper stands to earn $36 mln in a deal with Norway's American Shipping