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Four candidates in play to take over crisis-stricken Bourbon

Four different candidates have submitted purchasing offers on French offshore company Bourbon. Meanwhile, the company extends the deadline for making offers.

Photo: PR/Bourbon Offshore

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One third of Lim family ships have new owners

Around one third of the ships controlled by Hin Leong founder O.K. Lim and his family have new owners, Reuters reports. The rest of the ships are expected to be sold by the end of the year.

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