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Home›News›Smit CEO: Open to Boskalis buying whole co, but not break up
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March 6, 2009 · about 17 years ago

Smit CEO: Open to Boskalis buying whole co, but not break up

Dutch maritime services company Smit International NV (SMIT.AE) is open to selling the entire company to peer Boskalis Westminster NV (BOKA.AE), Smit’s chief executive officer Ben Vree said Thursday. Vree, who was speaking after the firm reported a 2% increase in 2008 net profit, said he is “open to

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Dutch maritime services company Smit International NV (SMIT.AE) is open to selling the entire company to peer Boskalis Westminster NV (BOKA.AE), Smit’s chief executive officer Ben Vree said Thursday. Vree, who was speaking after the firm reported a 2% increase in 2008 net profit, said he is “open to all options, excluding the break up of Smit.” “We would also consider an offer for the company as a whole”, Vree said. However, Boskalis isn’t interested in Smit in its entirety.

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