News: STX OSV Holdings up on dividend surprise

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3 comment(s). Last comment by hawshy 2012-08-17 12:38

silvermansac

12 posts

Posted by silvermansac > 2012-08-14 17:58 | Report Abuse

i missed it

hawshy

4 posts

Posted by hawshy > 2012-08-15 00:37 | Report Abuse

the special dividend really come as a surprise. I think this stock can hit 1.8 anytime soon :) :)

hawshy

4 posts

Posted by hawshy > 2012-08-17 12:38 | Report Abuse

Just for info: http://www.reuters.com/article/2012/08/17/idUSL4E8JG3TY20120817

Aug 17 (Reuters) - South Korea's STX Corp has chosen Italian government-owned ship builder Fincantieri SpA as the preferred bidder for its controlling stake in Singapore-listed STX OSV Holdings, a spokesman for STX said on Friday.

STX has put up for sale its 50.75 percent stake, valued at about $800 million, in STX OSV, a builder of vessels used in offshore oil and gas exploration, and hired J.P. Morgan and Standard Chartered to find a buyer. (Reporting by Hyunjoo Jin; Editing by John Mair)


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