Maridive and Oil Services receives purchase offer for subsidiary

Updated 10/16/2022 3:32:11 PM

Arab Finance: Maridive and Oil Services (MOIL) has received an offer from Ancla Marine Ship for acquiring its 100%-owned subsidiary Valentine Maritime Ltd, according to a statement filed to the Egyptian Exchange (EGX) on October 16th.

The acquisition offer will be discussed by Maridive’s board of directors.

Maridive is an Egypt-based company that provides offshore marine and oil support services across the Middle East and North Africa (MENA) Region.