12/07/2005 - 22:00

Clough sells Mermaid stock

12/07/2005 - 22:00

Bookmark

Upgrade your subscription to use this feature.

CLOUGH has raised $5.4 million by selling its 11 per cent shareholding in Mermaid Marine to a group of financial institutions. The shareholding was no longer considered a strategic imperative by Clough management, Mermaid said in a statement.

This article is only available to our paid subscribers.

To read this article and get full access to every insight Business News offers, subscribe today.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options