Venture Capital in JV with Lemissoler
Bahrain: Thursday, March 06 - 2008 at 12:30
Venture Capital Bank has announced the signing of a joint venture agreement with Lemissoler Shipping Group in Cyprus. Under the agreement, a new company, Lemissoler Maritime Company, will be established in the Kingdom of Bahrain with the objective of acquiring, owning and operating a fleet of commercial vessels. The total value of the deal is $166m, the company said.
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Jeff Florian, Senior ReporterThursday, March 06 - 2008 at 12:30 UAE local time (GMT+4)
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