BOURBON (EPA:GBB) BOURBON - Disposal of holding in Sucrerie de Bourbon Tay Ninh
Transparency directive : regulatory news
18/11/2010 07:30
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Paris, November 18, 2010BOURBON announces the disposal of its holding in Sucrerie de Bourbon Tay Ninh,
in Vietnam
BOURBON announces that it has today signed the sale of its holding in Sucrerie
de Bourbon Tay Ninh, in Vietnam, to a group of Vietnamese investors for 34
million euros (at current VND exchange rate).
With this disposal, BOURBON will be fully divested from the sugar company
located in Vietnam, in which the Group still held a 68.52% stake.
BOURBON thus affirms its position as a "pure player" in offshore oil and gas
marine services.
About BOURBON
BOURBON offers a broad range of deepwater and continental offshore oil and gas
marine services. Under the new "BOURBON 2015 Leadership Strategy" plan, the
company will invest US$ 2 billion to offer its most demanding oil and gas
clients a large fleet of 600 innovative and high performance vessels. It will
guarantee the highest standard of quality service worldwide, under completely
safe conditions.
BOURBON also protects the French coastline for the French Navy.
Classified by ICB (Industry Classification Benchmark) in the "Oil Services"
sector, BOURBON is listed for trading on Euronext Paris, Compartment A, and is
included in the Deferred Settlement Service SRD and in the SBF 120 and Dow Jones
Stoxx 600 indices.
Contacts
Publicis Consultants / Press Relations
Jérôme Goaer +33(0)1 44 82 46 24 jerome.goaer@consultants.publicis.fr
Vilizara Lazarova +33(0)1 44 82 46 34 vilizara.lazarova@consultants.publicis.fr
BOURBON
Investors - Analysts - Shareholders Relations
Patrick Mangaud +33(0)1 40 13 86 09 patrick.mangaud@bourbon-online.com
Communications Department
Christa Roqueblave +33(0)1 40 13 86 06 christa.roqueblave@bourbon-online.com
www.bourbon-online.com
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