Dredging group Boskalis and Saudi firm Rezayat Group have offered €300m for Smit International’s terminal division.
The two firms, which are 50/50 partners in terminal service company Lamnalco, say Smit’s terminals would boost their market share to 40% worldwide. Smit told ANP it was studying the all cash offer.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.Make a donation