Slaughter and May is encouraging Ocean Wilsons Holdings Limited on the sale of its 56.47% ardour in Wilson Sons S.A. to SAS Shipping Agencies Services Sàrl, a wholly-owned subsidiary of MSC Mediterranean Shipping Company SA, for total money cash issue to contemplate of R$ 4.352 billion (US$ 768 million).
Ocean Wilsons is a Bermuda monetary funding holding enterprise supplied on each the London Stock Exchange and theBermuda Stock Exchange Wilson Sons, a 56.47% had subsidiary of Ocean Wilsons, is supplied on the BOVESPA inventory market in Brazil and is among the many largest service suppliers of maritime options in Brazil with duties consisting of towage, container terminals, abroad oil and gasoline help options, tiny vessel constructing, logistics and ship agency. Wilson Sons has an existence in lots of vital ports in Brazil.
The buy is anticipated to complete all through the 2nd fifty p.c of 2025 and is conditional on the bill of appropriate regulative clearances.
Source: Slaughter and May
