Slaughter and May is encouraging Ocean Wilsons Holdings Limited on the sale of its 56.47% fee of curiosity in Wilson Sons S.A. to SAS Shipping Agencies Services Sàrl, a wholly-owned subsidiary of MSC Mediterranean Shipping Company SA, for full cash issue to think about of R$ 4.352 billion (US$ 768 million).
Ocean Wilsons is a Bermuda monetary funding holding enterprise offered on each the London Stock Exchange and theBermuda Stock Exchange Wilson Sons, a 56.47% had subsidiary of Ocean Wilsons, is offered on the BOVESPA inventory market in Brazil and is simply one of many largest corporations of maritime options in Brazil with duties consisting of towage, container terminals, abroad oil and gasoline help options, little vessel constructing and building, logistics and ship agency. Wilson Sons has an existence in loads of important ports in Brazil.
The deal is anticipated to complete all through the 2nd fifty % of 2025 and is conditional on the bill of appropriate governing clearances.
Source: Slaughter and May
