Finnlines has officially applied to retire its shares from the Helsinki Stock Exchange as soon as Emanuele Grimaldi takes full control of the company.
The Finnish firm has requested its shares to be delisted when largest shareholder Grimaldi Group gains title to all the shares in the ro-pax owner.
As of 30 June, Grimaldi Group was in control of a 98.32% stake in the Finnish company having steadily increased its holding over the past 12 months.
The
