Songa Container AS News

MPC Container Ships ASA (“MPCC” or the “Company”) announces that it has completed its acquisition of Songa Container AS ("Songa") pursuant to the share purchase agreement to acquire 100% of the shares in Songa for a total value of USD 210.25 million on a debt and cash-free basis, as entered into and announced on 22 June 2021. The consideration is paid partly in cash and partly in new shares, and in total 49,795,250 new shares are being issued in relation to the transacti...

MPC Container Ships ASA is pleased to announce that it has entered into a share purchase agreement to acquire Songa Container AS (“Songa”) for an aggregate purchase price of USD 210.25 million on a debt and cash-free basis (the “Transaction”). Upon closing of the Transaction Songa’s fleet will comprise 11 container vessels with an average size of 2,250 TEU and an average age of 11.9 years (the “Songa fleet”) under the assumption of Songa having c...

MPC Container Ships ASA ("MPCC" or the "Company") is pleased to announce that it has entered into a share purchase agreement to acquire Songa Container AS ("Songa") for an aggregate purchase price of USD 210.25 million on a debt and cash-free basis (the "Transaction"). Upon closing of the Transaction Songa's fleet will comprise 11 container vessels with an average size of 2,250 TEU and an average age of 11.9 years (the "Songa fleet") under the assumption of Songa having completed the sale of it...