Boskalis Stockholders Okay Rights Issue to Fund Smit Buyout

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MANAVIGATOR-December 7, 2009-Boskalis stockholders okay rights issue to fund Smit buyout (C)2010 M2 COMMUNICATIONS http:// www.m2.com

Dutch dredging company Royal Boskalis Westminster (AMS:BOS) said Monday that its shareholders cleared earlier today a share issue of between EUR200m (USD296.3m) and EUR230m which would be used to finance its planned acquisition of maritime services provider Smit Internationale (AMS:SMIT).

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Boskalis Stockholders Okay Rights Issue to Fund Smit Buyout

The business combination will create a world maritime...

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