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2008-10-10 11:06:19 CEST 2008-10-10 11:07:15 CEST REGULATED INFORMATION Hf. Eimskipafélag Íslands - Company AnnouncementEimskip divests its 50% holding in Euro Container LineReykjavik, Iceland, 3 September, 2008 - Eimskip (OMX: HFEIM), the international transportation company, today announced that it has agreed to divest its 50% ownership in Euro Container Line („ECL“) the Norwegian shipping company to Wilson ASA. Selling price is ISK 712 million, and the profit of the sale is ISK 491 million. Gylfi Sigfússon commented: "The sale is a part of the Group's previously communicated strategy to focus on development of Eimskip's core business. ECL has not been a part of Eimskip's sailing system and the divestment will not impact its services. Eimskip continues to have a strong foothold in the North Atlantic region through its well established brands; Eimskip, Eimskip-CTG, Faroe Ship and Containerships." Further information: Gylfi Sigfusson President/CEO of Eimskip Tel: 525-7202 |
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