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Nordic in discussions with Clipper

Nordic in discussions with Clipper
Scandinavian shipowner Clipper Group is trying to take control of Nordic Tankers in a possible merger.

Scandinavian shipowner Clipper Group is trying to take control of Nordic Tankers in a possible merger.

Scandinavian shipowner Clipper Group is trying to take control of Nordic Tankers in a possible merger.

The Danish owner of tankers, bulk carriers and liners is acquiring a 30% stake in Stockholm-listed Nordic Tankers.

Nordic Tankers confirmed it is in discussions with Clipper concerning a merger or partnership.

?We are currently exploring the possibilities of new alliances, partnerships or mergers with a view to participate in market consolidation, in line with the company"s strategy,? Nordic said in a statement.

Nordic Tankers had appointed Scandinavian bank Nordea as its financial advisor in any deal, Borsen reported.

www.TurkishMaritime.com.tr

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