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HAL and the Hyacinth Foundation already owned 52.9% of Boskalis shares at the time of the launch of the offer totaling €4.2 billion. If HAL acquires at least 95% of the shares, Boskalis will be delisted and a buy-out initiated. If HAL holds more than 80% but less than 95% of Boskalis shares, the pros and cons of delisting will be considered.
Earlier this month, the Boskalis board had indicated that it thought the price of HAL was actually too low, but was rejected by the request to increase the offer. The Boskalis board advised shareholders to decide for themselves whether they want to do business with HAL.
The Boskalis board announced in a press release on Friday that it unanimously supported and cooperated with the implementation of the offer made by HAL.
Boskalis gained worldwide fame last year. The successful salvage of the huge stalled container ship Ever Given on the Suez Canal could be seen everywhere.
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