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Odfjell takes Lindsay Goldberg stake in Korean terminal

Norway’s Odfjell has reached an agreement with American’t private equity firm Lindsay Goldberg (LG) to acquire their indirect 24.5% shareholding in Odfjell Terminals Korea (OTK). Odfjell is paying $19m for the sake, and following the transaction will control 50% of OTK alongside local JV partner KPIC. Kristian Mørch, CEO of Odfjell, said: “We are pleased …

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Norway’s Odfjell has reached an agreement with American’t private equity firm Lindsay Goldberg (LG) to acquire their indirect 24.5% shareholding in Odfjell Terminals Korea (OTK). Odfjell is paying $19m for the sake, and following the transaction will control 50% of OTK alongside local JV partner KPIC. Kristian Mørch, CEO of Odfjell, said: “We are pleased …

[post_title] => Odfjell takes Lindsay Goldberg stake in Korean terminal [post_excerpt] => Norway’s Odfjell has reached an agreement with American’t private equity firm Lindsay Goldberg (LG) to acquire their indirect 24.5% shareholding in Odfjell Terminals Korea (OTK). Odfjell is paying $19m for the sake, and following the transaction will c... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => odfjell-takes-lindsay-goldberg-stake-in-korean-terminal [to_ping] => [pinged] => [post_modified] => 2020-12-04 05:00:13 [post_modified_gmt] => 2020-12-04 05:00:13 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=132424 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )