KPMG Corporate Finance has given its backing to Fincantieri’s privatisation bid for Norwegian shipbuilder Vard Holdings.
“Having carefully considered the information available to us and based on our analysis as set out above, we are of the opinion that the offer is fair and reasonable from a financial point of view,” said KPMG.
“Accordingly, we advise the independent directors to recommend shareholders to accept the offer.”
Fincantieri
