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. [...] The post Golden Ocean, CMB.TECH ink merger deal appeared first on Container News.
Golden Ocean is a Bermuda-based dry bulk shipping company that owns and controls bareboat and chartered vessels for marine transportation applications.