You are here

Japan's NYK to take 25% stake in Emas Chiyoda Subsea

Ezra will sell 10% for US$36m, leaving it with 40%; Chiyoda will be left with 35% after disposal of 15%
Tuesday, June 14, 2016 - 05:50
nyk.jpg
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) is acquiring a 25 per cent stake in Emas Chiyoda Subsea (ECS) from the existing 50-50 joint-venture partners Ezra Holdings and Chiyoda.

Singapore

JAPANESE shipping giant Nippon Yusen Kabushiki Kaisha (NYK) is acquiring a 25 per cent stake in Emas Chiyoda Subsea (ECS) from the existing 50-50 joint-venture partners Ezra Holdings and Chiyoda.

Of the 25 per cent stake that NYK is acquiring, 10 per cent will come from

Powered by GET.comGetCom