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Odfjell takes Lindsay Goldberg stake in Korean terminal

Norway’s Odfjell has reached an agreement with American’t private equity firm Lindsay Goldberg (LG) to acquire their indirect 24.5% shareholding in Odfjell Terminals Korea (OTK). Odfjell is paying $19m for the sake, and following the transaction will control 50% of OTK alongside local JV partner KPIC. Kristian Mørch, CEO of Odfjell, said: “We are pleased …

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