You are here

Noble's planned sale of four vessels for US$95m falls through

Buyers fail to get approval from their boards before Feb 1, making the deal void

BT_20180203_NSNOBLE3_3293786.jpg
Goldilocks issued that statement on Friday, following Noble’s Feb 5 rejection of its request to be released from non-disclosure arrangements surrounding discussions on Goldilocks’ demands for two board seats.

Singapore

NOBLE Group said on Friday that a proposed divestment of four dry bulk carrier vessels to further pare debt has fallen through as the buyers failed to obtain approval from their boards before Feb 1, 2018, making the deal void.

The disposal of the freight vessels for gross

sentifi.com

Market voices on:

Powered by GET.comGetCom