FERRY FINANCE

By 12 April 2018Newsletter Week 15

Boreal To Be Acquired By A Hong-Kong-Based Private Equity Fund

Everbright Overseas Infrastructure Investment Fund LP (EOIIF), a Private Equity Infrastructure Fund based in Hong Kong, has entered into an agreement to purchase 100% of the shares in Boreal Holding AS (Boreal).

The transaction is expected to be completed in April / May 2018.

Boreal is a big Norwegian company, operating busses and ferries, amongst others. The company’s structure, management and organization will remain unchanged.