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North America Offshore Consolidation

Nordic American merger with Horizon Maritime scrapped

The two companies have decided not to move forward on the deal a month after entering into a Memorandum of Understanding. The partnership would have created a 17-vessel fleet focused on each side of the North Atlantic basin

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Final agreement was supposed to have been signed after due diligence was completed

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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