Friday 5 February 2010
DUTCH dredging company Boskalis will not change its €1.15bn ($1.6bn) offer for Smit International despite discontent among some Smit shareholders on the price.
Earlier this week, a group of Smit investors, holding a total of 7.2% in the company, sent a letter to Smit management lamenting its endorsement of Boskalis’s offer of ̈́...
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