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Pin to quick picksOcean Wilsons Share News (OCN)

Share Price Information for Ocean Wilsons (OCN)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 1,505.00
Bid: 1,500.00
Ask: 1,505.00
Change: 10.00 (0.67%)
Spread: 5.00 (0.333%)
Open: 1,495.00
High: 1,510.00
Low: 1,495.00
Prev. Close: 1,495.00
OCN Live PriceLast checked at -

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IN BRIEF: Ocean Wilsons says conditions met for Wilsons Sons sale

Tue, 20th May 2025 14:49

Ocean Wilsons Holdings Ltd - Bermuda-based investment holding company - Says all conditions for the sale of its 56% interest in Brazilian port and maritime logistics company Wilsons Sons SA to a subsidiary of MSC Mediterranean Shipping Co SA have been met. It expects the transaction to complete on or around June 4, ahead of the original timeline. Ocean Wilsons says the transaction has been approved by the Brazilian Administrative Council for Economic Defense and the Brazilian National Waterway Transportation Agency.

Current stock price: 1,385.00 pence, up 4.9% on Tuesday afternoon in London

12-month change: up 1.1%

By Michael Hennessey, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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Ocean Wilsons Holdings Ltd - Bermuda-based investor and operator of Wilson Sons SA, a maritime services company in Brazil - Notes recent media speculation in Brazil that it is negotiating the sale of its 57% owned subsidiary Wilson Sons. Confirms it is undertaking a strategic review regarding its investment in the company. Says this review is currently at an early stage and "there can be no certainty as to its outcome", but it will "consider all potential strategic options". Says it is yet to receive any formal proposals from any third party, and that a subsequent announcement will be made "as required".

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