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Boskalis on Course for Acquisition of Dockwise

Royal Boskalis Westminster has reconfirmed its intention to make an all-cash voluntary public offer for all the issued and outstanding ordinary shares of heavy lift operator Dockwise.

The offer will be made in Euros at an offer price of €18 per share, an increase of five percent relative to the initial announcement. It values Dockwise at €714 million.

More than 72 percent of the shares have now been acquired by or committed to Boskalis, with Project Holland Beheer BV, holding approximately 7.4 percent of the shares, agreeing to an irrevocable undertaking to support and accept the offer.

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