Ocean Wilsons Completes Sale of Wilson Sons S.A. Interest
The investment holding company has completed the sale of its 56% stake in maritime services provider Wilson Sons S.A. to a subsidiary of MSC Mediterranean Shipping Company.
The investment holding company has completed the sale of its 56% stake in maritime services provider Wilson Sons S.A. to a subsidiary of MSC Mediterranean Shipping Company.
The investment holding company reported solid profit growth but modest revenue growth, while facing market volatility and a high valuation.
The investment management firm has increased its stake in the maritime services and logistics company.
The maritime services company announces the pending sale of its subsidiary for $593 million, while reporting strong investment portfolio performance and improved financial results for its Brazilian operations.
Ocean Wilsons, a maritime and logistics services provider, sees a director gift shares to family members, suggesting confidence in the business.
The industrial conglomerate has agreed to sell its majority stake in maritime services provider Wilson Sons to SAS Shipping for R$4.352 billion, unlocking value for shareholders.
Maritime and logistics services company continues strategic review of its key investment, with uncertainty around potential transaction.
The maritime services company confirms discussions with I Squared Capital on a potential sale of its majority stake in subsidiary Wilson Sons, but notes no certainty a deal will be reached.
The maritime services provider reported a 14.2% revenue increase and 22.4% rise in operating profit for H1 2024, despite challenges in its investment portfolio and a decrease in overall profit after tax.