Torm Chairman: Sale process still in very early stage
Torm's negotiations with new potential owners are currently at an extremely preliminary stage with no guarantee that the so-called "structured process involving a series of external stakeholders" will lead to a result in 2014, says Torm Chairman Flemming Ipsen in a comment on the carrier's brief to the stock exchange on Monday that Torm has made a deal with a financial consultant to explore the possibilities of conducting a strategic transaction during this year. The carrier made a somewhat similar statement back in August 2013.
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