Rem Offshore fined for violation of stock exchange rules
Not all shareholders were treated equally in the merger earlier this year between Rem Offshore and Solstad Offshore. The carrier thus faces a violation charge from the Oslo Stock Exchange for approximately USD 58,000.
Rem Offshore has been fined by the Oslo Stock Exchange for breaching the rules for listed companies in relation to the merger with Solstad Offshore.
This summer, the Norwegian carrier was taken over by oil magnate Kjell Inge Røkkes's Aker group, which used subsidiary Solstad Offshore to take over the struggling company.
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