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Vard Holdings

FINCANTIERI Oil & Gas has extended its offer for shipbuilder Vard Holdings to the business close of Aug 8 after shareholders of the target approved a delisting, according to SGX filings on Wednesday morning.

Fincantieri, whose 25 Singapore cents per Vard share offer is now unconditional, controlled 87.06 per cent of the company as at 5pm on Tuesday. The delisting is estimated to take place about two to three weeks after the offer closes.

Noble Group

A LAWSUIT that is seeking damages of...

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