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Kristian Siem loses ownership control of Siem Offshore

Siem Offshore has now its settled comprehensive and much-awaited rescue plan. The plan means that the large investor Kristian Siem loses ownership control of the hard-strained offshore ship operator.

Photo: PR / Siem

The large investor Kristian Siem loss ownership control of his listed offshore ship operator Siem Offshore.

At any rate, this is the outcome of the restructuring agreement which banks, major bondholders and shareholders have agreed upon for the distressed offshore ship operator.

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