Less than a week after a court ratified Royal IHC’s restructuring plan, the Dutch shipbuilder has already reached agreement to sell subsidiary IQIP Holding BV to HAL Investments BV. IQIP supplies foundations and installations to the offshore wind market. IHC...
Struggling Dutch shipbuilder Royal IHC has succeeded in getting the court to sign off on its financial restructuring plan. The plan allows IHC to sell its successful subsidiary IQIP to HAL Investments to improve its balance sheet. Royal IHC has been in financial...
Royal IHC has reached an outline agreement with banks, the government and HAL, reports Dutch newspaper FD. IHC plans to sell IQIP to HAL to pay off its debts with the banks and secure refinancing. It marks a second rescue of the Dutch shipbuilder. In...
After already being involved in the rescue operation that saved Royal IHC from bankruptcy in 2020, investment company HAL comes to the aid of the struggling Dutch shipbuilder once again. Allegedly, the investment company is now willing to buy IHC’s money-making...
Euronext Amsterdam has approved the delisting of Boskalis’ shares from Euronext Amsterdam. The move comes after investor company HAL succeeded in acquiring more than 95 per cent of the shares of Boskalis after a public bid. The delisting will be effective as of...
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