Paris, May 29, 2008, pdf version
Under the merger proposal between Rigdon Marine Corporation and Gulfmark Offshore announced on May 28, BOURBON is to sell its interest in the Rigdon companies.
This sale will be effective on completion of the merger which is due to take place in the 3rd quarter of 2008.
For BOURBON it will generate:
Since January 2006, BOURBON had contributed to the implementation of Rigdon’s financial structure.
As this company has been so far accounted for according to the equity method, the sale will have no impact on revenues nor on BOURBON’s EBITDA.
More : GulfMark Offshore and Rigdon Marine Announce Signing of Purchase Agreement (pdf file)