(Bloomberg) -- PT Berlian Laju Tanker, Indonesia's
biggest shipping company by market value, may acquire a company
in Europe to expand its fleet and move into markets outside Asia.
Berlian will raise about $50 million, or 5 percent of its
equity, selling new shares to help finance expansion, said Kevin
Wong, the company's finance director. He didn't say which
companies Jakarta-based Berlian is interested in buying or how
much an acquisition will cost.
Read more at Bloomberg Emerging Markets News
biggest shipping company by market value, may acquire a company
in Europe to expand its fleet and move into markets outside Asia.
Berlian will raise about $50 million, or 5 percent of its
equity, selling new shares to help finance expansion, said Kevin
Wong, the company's finance director. He didn't say which
companies Jakarta-based Berlian is interested in buying or how
much an acquisition will cost.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment