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.
"Now the process is moving out of the house, and since we're looking at more than one, we felt it appropriate to update the process that has been underway since we took an a consultant in the late summer 2013. We still don't know what might happen at this stage, and it's safe to say that we're at a very preliminary stage," says Flemming Ipsen.
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