Corporate digest
Vard Holdings
FINCANTIERI Oil & Gas has extended the deadline on its buyout offer for Vard Holdings by two weeks, to 5.30pm on Sept 19. Fincantieri, which is offering S$0.25 per Vard share to take the shipbuilder private, currently has effective control over a 94.20 per cent stake in Vard. Once the buyout offer closes, Vard will enter into trading suspension. This is expected to take place with effect from Sept 20, 9am.
Soilbuild Construction