Bourbon SA Chairman Jacques de Chateauvieux said his proposed takeover offer that gets under way today valuing the French shipowner at 1.8 billion euros ($2.5 billion) will prove key to forging future partnerships in Asia.
Bourbon SA jumped the most in 15 years in Paris trading after receiving a takeover bid that valued the shipowner at 1.8 billion euros ($2.5 billion).
Bourbon SA, operator of supply and crew ships for the oil industry, sold a dozen vessels for $378 million to China’s ICBC Financial Leasing as part of a plan to lower debt.
The following is a selection of the most important news affecting the oil market.
Bourbon SA, the French shipowner that received a takeover bid this month, formed a committee to examine the offer that valued the shipowner at $2.5 billion.
Bourbon SA, the owner of the world’s biggest fleet of supply ships for deep-water oil exploration, said that the nine hostages seized by gunmen off Nigeria’s coast have been freed.
Bourbon SA, a French oil exploration company, said three French crew members were kidnapped during an attack on the offshore oil field Addax off the Nigerian coast.
Bourbon SA, owner of the world’s biggest fleet of supply ships for deep-water oil exploration, jumped in Paris trading after the company reported fourth- quarter revenue rose 30 percent.
Bourbon SA, owner of the biggest fleet of supply and crew ships for the oil industry, swung to a profit in the first half and said an increase in vessel rental rates was supporting growth.