By on December 29th, 2011

Otto Marine’s unit sells 49% stake in JV company for US$26.6m

Otto Marine Limited on Thursday announced that its unit, Otto Investment Limited (OIL), will sell to Swiss Overseas Invest Ltd its entire 49 per cent stake in their joint venture company, West African Invest Ltd (WAIL), for US$26.6 million.

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Otto Marine’s unit sells 49% stake in JV company for US$26.6m

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