Stolt-Nielsen Limited Completes Open Market Partial Tender Offer

April 15, 2011

LONDON, April 12, 2011 - Stolt-Nielsen Limited (Oslo Børs: SNI) completed its previously announced open market partial tender offer ("Offer") for SNL common shares with a total maximum value of $47 million.  SNL bought back 1,825,900 shares at a price of NOK 140 per share at a total cost of $46.8 million.  SNL now holds 6,285,530 shares, or 9.80%, of its common shares.  With the completion of the Offer the $50 million buy-back programme announced by SNL on November 19, 2010 is now accomplished.

 

Source: Stolt-Nielsen Limited

Logistics News

Giovanni Corbetta Appointed as New Chief Executive Officer at Unique Group

Giovanni Corbetta Appointed as New Chief Executive Officer at Unique Group

Maritime Hub Abu Dhabi Launches Guideline For Maritime Businesses in the Emirate

Maritime Hub Abu Dhabi Launches Guideline For Maritime Businesses in the Emirate

Top 10 Tips to Navigate UK ETS - Navtor

Top 10 Tips to Navigate UK ETS - Navtor

Bureau Veritas, Shenzhen Port Group to Accelerate Green Corridor Development

Bureau Veritas, Shenzhen Port Group to Accelerate Green Corridor Development

Subscribe for Maritime Logistics Professional E‑News

The largest US power grid PJM is moving to manage data center demand
The largest US power grid PJM will vote on managing demand for data centers
Dassault confirms new rift with Airbus regarding Eurodrone