Ownersof only 43% of NOCC stock have accepted an offer of NOK 2.17 a share, littleimproved on the 41% of pre-acceptances at the start of the bid.
Bidder,Car Carrier Investments, a 50:50 joint venture of Tom Erik Klaveness’ Klaveness Marine Holding and Nautilus H, a whollyowned subsidiary of JP Morgan, is extending the offer due to close today for afurther week and says it may further extend the offer up to early April.
Theminimum
