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Emerging Markets

OceanPact Buys Dock Brasil in a US$23 Million Ship-Repair Deal

The Rio Times · 2h ago · 🇧🇷 Brazil

OceanPact Buys Dock Brasil in a US$23 Million Ship-Repair Deal

Brazilian Maritime Services Key Facts —The price. OceanPact will pay a base price of R$119 million (US$23.1 million) for 100% of Dock Brasil. —The structure. The deal runs through OceanPact’s wholly owned subsidiary Estaleiro Farol de São Tomé, not the listed parent directly. —The conditions. Closing requires Dock Brasil to restructure and extinguish certain debts […] The post OceanPact Buys Dock Brasil in a US$23 Million Ship-Repair Deal appeared first on The Rio Times .

Read the full story at The Rio Times →

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