AMSC ASA Buys Big in Solstad Maritime Holdings

Solstad Offshore ASA (SLOFF) has released an update.

AMSC ASA has increased its stake in Solstad Maritime Holding AS (SMH) by purchasing 3.5 million subscription rights at NOK 9.10 each, following its affiliation with Solstad Offshore ASA board member Frank Ove Reite. The transaction, conducted outside a trading venue, has AMSC ASA owning a significant number of shares and subscription rights in SMH, strengthening its position in the company.

For further insights into SLOFF stock, check out TipRanks’ Stock Analysis page.

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