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CMB.TECH and Golden Ocean to Merge Forming Shipping Giant

  • CMB.TECH and Golden Ocean Group signed terms for a planned stock merger.
  • This follows CMB.TECH acquiring a significant shareholding in Golden Ocean during March.
  • CMB.TECH will function as the surviving entity, absorbing Golden Ocean.
  • An exchange ratio of 0.95 shares per Golden Ocean share is detailed.
  • Completion of the merger is expected by third quarter 2025, forming a large shipping entity.
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At the beginning of March, CMB.TECH had already acquired 40.8% of Golden Ocean for almost 1.2 billion dollars. ...

·Brussels, Belgium
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www.dn.no broke the news in on Tuesday, April 22, 2025.
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