Norwegian Camillo Eitzen puts off Q3 figures on takeover offer.
NORDIC BUSINESS REPORT-16 November 2009-Norwegian Camillo Eitzen puts off Q3 figures on takeover offer(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
16 November 2009 - Norwegian shipping company Camillo Eitzen & Co ASA (OSL: CECO) put off today the release of its third-quarter report to 30 November 2009 due to the expected takeover offer from Indonesia-based PT Berlian Laju Tanker Tbk (JAK: BLTA).
The results were originally due to be presented on 18 November 2009.
In October, Berlian Laju Tanker informed the Norwegian company about its interest to make a voluntary takeover offer for all its outstanding shares.
Camillo Eitzen said on 5 November 2009 that the partners would not manage to keep the original plan to announce the bid by mid-November and to close the deal by the end of the month.
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|Publication:||Nordic Business Report|
|Article Type:||Brief article|
|Date:||Nov 16, 2009|
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