Slaughter and May is encouraging Ocean Wilsons Holdings Limited on the sale of its 56.47% rate of interest in Wilson Sons S.A. to SAS Shipping Agencies Services Sàrl, a wholly-owned subsidiary of MSC Mediterranean Shipping Company SA, for complete money factor to consider of R$ 4.352 billion (US$ 768 million).
Ocean Wilsons is a Bermuda financial investment holding business provided on both the London Stock Exchange and theBermuda Stock Exchange Wilson Sons, a 56.47% had subsidiary of Ocean Wilsons, is provided on the BOVESPA stock market in Brazil and is just one of the biggest companies of maritime solutions in Brazil with tasks consisting of towage, container terminals, overseas oil and gas assistance solutions, little vessel building and construction, logistics and ship firm. Wilson Sons has an existence in a lot of significant ports in Brazil.
The deal is anticipated to finish throughout the 2nd fifty percent of 2025 and is conditional on the invoice of suitable governing clearances.
Source: Slaughter and May
