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Steam Packet has new owners

Fri, 08 Apr 2011


The Steam Packet now has new owners.

It's been refinanced by a banking group led by Portugese Bank, Banco Espirito Santo.

The shares that were held by Macquarie and the Australian pensions funds have been transferred to a company called Sealion (Isle of Man) which is a limited company owned by the Steam Packet's banks.

A statement from the company claims the refinancing provides a long-term committment from the new owners.

 

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