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World Nordic ApS wins control of Bergesen dy ASA.

NORDIC BUSINESS REPORT-29 May 2003-World Nordic ApS wins control of Bergesen dy ASA(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com

World Nordic ApS has acquired 92.9% of the share capital of the Norwegian shipping company Bergesen dy ASA.

World Nordic will now make a compulsory offer for the remaining shares in Bergesen, having surpassed the 90% needed to require minority shareholders to sell and delist Bergesen from the Oslo stock exchange, reported Reuters.

World Nordic is a newly established Danish company controlled by the Sohmen family of Hong Kong.

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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Title Annotation:Norway
Publication:Nordic Business Report
Article Type:Brief Article
Geographic Code:4EXNO
Date:May 29, 2003
Words:104
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