Boskalis offer prompts Smit resignation
by
Hailey, London
—
last modified
Feb 09, 2010 10:29 AM
A SMIT Internationale supervisory board member has stepped down from the Dutch maritime services company because he disagrees with the merger price offer from Boskalis, the Dutch dredging giant.
The departure of W Cordia comes a day after Boskalis and Smit signed a merger protocol, following Boskalis’ decision to increase its original November 2009 offer by 4.6%, now offering €60 (US$84) per share and a €2.75 dividend payment for...
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