Royal Boskalis Westminster has banked more than $190m after reducing its stake in subsea specialist Fugro to 9.38%.
The Dutch dredging company has sold nearly 12.7 million shares for EUR 14.50 ($15.39) each, which means Boskalis has made EUR 183.9m from the stock disposal.
Its stake now stands at less than 10%, making NN Groep the largest shareholder in Fugro with a holding of 10.03%,
