Shipbroker Gibson splits from owner

British shipbroker Gibson is separating from its parent company, stock-listed oil company Hunting, after working together for 120 years.

Photo: Gøteborg Havn

After working together for 120 years, British shipbroker Gibson has decided to separate from its parent company, stock-listed oil service company Hunting, says the company in a statement. The split happens through a so-called management buyout in which management acquires the shares from the parent company or the owners.

Gibson describes the transaction as a planned and amicable separation. EA Gibson CEO Nigel Richardson says in the statement:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs