The Boluda Towage division of Madrid headquartered Boluda Corporación continues on the acquisition trail. In February of this year it announced deals to acquire, first, the Gibraltar operations of Fort Lauderdale, Fla.,
Shares in NYSE-listed U.S.-flag tanker and ATB operator Overseas Shipholding Group Inc. (OSG) were trading up this morning on news that it has entered into a definitive merger agreement that will see
The Cut Off, La., headquartered Chouest group has acquired Aberdeen, Scotland, headquartered ROVOP, a leading remotely operated vehicle (ROV) company that was previously a portfolio company of Bluewater Private Equity. With the
Rumors that Australian shipbuilder Austal Limited (ASX:ASB) was the target of a takeover bid have been circulating since last July. Now, it seems, there’s some truth in one of them. In an
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired AMMCON Corp., a Jacksonville, Fla., based fittings and assembled components manufacturer. This is FMD’s eleventh acquisition since beginning an
Privately held, Seattle-headquartered Saltchuk Resources Inc. has made a new offer to acquire NYSE-listed tanker and ATB operator Overseas Shipholding Group Inc. (OSG). Saltchuk, which is OSG’s largest shareholder, made an earlier
Athens-headquartered Star Bulk Carriers Corp. (NASDAQ: SBLK) is to acquire Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NYSE: EGLE) in an all-stock merger on a Net Asset Value to Net Asset Value
Continuing to solidify its position as an integrated defense contractor and provider to the U.S. Navy, Military Sealift Command and the Coast Guard, Fairbanks Morse Defense (FMD) has now acquired American Fan.
Back in July, Korean shipbuilder Hanwha Ocean was reportedly among the suitors in a rumored bid to acquire Austal. As we reported at that time, Austal said: “Austal is regularly involved in
The Saverys family and John Fredriksen look to be nearing a resolution to their long running battle for control of the world’s largest NYSE-listed oil tanker operator, Euronav NV (NYSE: EURN). Both
