GC Rieber Shipping has agreed yesterday to sell shares in Shearwater Geoservices Holding AS (Shearwater) reducing its ownership from 17.0% to 8.5%. Gross proceeds from the sale will be USD 50.5 million. The sold shares had book value of USD 41.6 million per 31 March 2021. Following the transaction, which is expected to be completed …
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Author: Capt. John