Golden Ocean and CMB.TECH NV have signed a term sheet for a proposed stock-for-stock merger that would see Golden Ocean merge into CMB.TECH, creating one of the world’s largest diversified listed maritime groups.
Under the agreed terms, Golden Ocean shareholders will receive 0.95 shares of CMB.TECH for each share they hold, subject to customary adjustments. CMB.TECH will be the surviving entity, and approximately 95.9 million new shares will be issued. Post-merger, CMB.TECH shareholders will own...
https://container-news.com/golden-ocean-cmb-tech-ink-merger-deal/