Acquisition of Interest

RNS Number : 8483N

Ocean Wilsons Holdings Ld

18 June 2010

 



Ocean Wilsons Holdings Limited

Our principal operating subsidiary, Wilson Sons Limited announced to the Brazilian and Luxembourg Stock Exchanges the following announcement.

WILSON SONS LIMITED (BM&FBovespa: WSON11), in full compliance with CVM Instruction Number 358, announces to its shareholders that it has, through its wholly-owned subsidiaries, acquired the minority 25% share participation in Brasco Logística Offshore Limitada (Brasco). As a result of this transaction, WILSON SONS LIMITED becomes the sole owner of 100% of Brasco's total share capital.

The transaction has been completed on June 16, 2010, with consideration of R$15,519,000.00 for the transfer of shares equivalent to 25% of the total Brasco share capital.

Created in 1999, Brasco is an integrated port and logistics service provider to the Oil & Gas industry in Brazil. The company has support bases in the cities of Niterói, Rio de Janeiro, and Guaxindiba (Rio de Janeiro); São Luis (Maranhão); and Vitória (Espírito Santo).

 

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