TUGS & SALVAGE

Boskalis abandons takeover bid and Smit profits are up

In December Smit International NV announced that Royal Boskalis Westminster NV (‘ Boskalis’ ) will not pursue its intended offer to acquire all of the issued and outstanding ordinary shares in Smit International NV.

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In December Smit International NV announced that Royal Boskalis Westminster NV (‘ Boskalis’ ) will not pursue its intended offer to acquire all of the issued and outstanding ordinary shares in Smit International NV.

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