Core Viewpoint - Svitzer Group A/S has requested the delisting of its shares from Nasdaq Copenhagen, which has been accepted, with the last trading day set for May 22, 2025, due to a compulsory acquisition by APMHI Invest A/S starting May 23, 2025 [1][2]. Company Overview - Svitzer is a leading global provider of towage and marine services, assisting large vessels in maneuvering in and out of ports and terminals [4]. - The company operates approximately 450 vessels and serves around 2,000 customers across more than 140 ports and 40 terminals in 37 countries [4]. - Founded in 1833, Svitzer plays a crucial role in critical port infrastructure [4].

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Reference is made to Svitzer Group A/S’ (Svitzer) company announcement dated 16 May 2025 regarding the final result and completion of APMH Invest A/S’ (APMHI) all-cash voluntary recommended purchase offer to acquire all of the issued shares (the Shares) in Svitzer, except for Shares owned by APMHI and Shares held by Svitzer and/or its subsidiaries in treasury, if any. Follo ...

Group 1 - Svitzer Group A/S has received information regarding transactions made by members of its Board of Directors or Executive Management in connection with APMH Invest A/S' all-cash voluntary recommended purchase offer for all issued shares of Svitzer [1] - The offer excludes any Svitzer treasury shares and shares held by APMH Invest A/S, as detailed in the offer document published on April 2, 2025 [1] Group 2 - Svitzer is a leading global provider of towage and marine services, assisting large seaborne vessels in maneuvering in and out of ports and terminals [2] - The company operates approximately 450 vessels and serves around 2,000 customers in over 140 ports and 40 terminals across 37 countries [2] - Founded in 1833, Svitzer plays a crucial role in critical port infrastructure [2]

Company Overview - APMH Invest A/S, a wholly owned subsidiary of A.P. Møller Holding A/S, has made an all-cash voluntary recommended purchase offer to acquire all issued shares in Svitzer Group A/S, excluding shares owned by APMHI and treasury shares [1] - Svitzer is a leading global towage and marine services provider, founded in 1833, operating approximately 450 vessels and serving around 2,000 customers in over 140 ports and 40 terminals across 37 countries [3] Offer Details - APMHI has received acceptances representing approximately 93.4% of the entire share capital and voting rights in Svitzer, based on preliminary results [2] - The final result and completion of the Offer are expected to be announced on May 16, 2025 [2] Industry Context - Svitzer's services are critical for port infrastructure, assisting large seaborne vessels in maneuvering in and out of ports and terminals [3]

HAMILTON, Bermuda, May 07, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported a business update for the three months ended March 31, 2025. The business update and Teekay Group’s earnings presentation are available on the Company’s website here. The Company’s Board of Directors declared a special cash dividend in the amount of $1.00 per outstanding common share. This dividend is payable on July 16, 2025 to all Teekay shareholders of record on July 2, 2025. About ...

Core Viewpoint - Teekay Tankers Ltd. reported its financial results for Q1 2025, declaring a fixed cash dividend of $0.25 per share and a special cash dividend of $1.00 per share, payable on May 30, 2025 [1]. Company Overview - Teekay Tankers operates a fleet of 35 double-hull tankers, which includes 20 Suezmax tankers and 15 Aframax/LR2 tankers, along with four time-chartered oil and product tankers [3]. - The company employs its vessels through a combination of spot market trading and short- to medium-term fixed-rate time charter contracts [3]. - Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50% joint venture and manages vessels for the Australian Government and energy companies [3]. - Additionally, the company operates a ship-to-ship transfer business that provides lightering services in the U.S. Gulf and Caribbean [3]. - Teekay Tankers was established in December 2007 by Teekay Corporation Ltd. [3].

Core Viewpoint - APMH Invest A/S (APMHI) has extended its all-cash voluntary recommended purchase offer for Svitzer Group A/S shares until May 14, 2025, to obtain necessary regulatory approvals [2][3]. Company Overview - Svitzer is a leading global provider of towage and marine services, assisting large vessels in maneuvering in and out of ports and terminals. The company operates over 450 vessels and serves approximately 2,000 customers across more than 140 ports and 40 terminals in 37 countries [6]. Offer Details - APMHI's offer aims to acquire all issued shares in Svitzer, excluding those owned by APMHI and any treasury shares held by Svitzer [1]. - As of the latest update, APMHI has received acceptances representing approximately 90.7% of Svitzer's share capital and voting rights, satisfying the minimum acceptance condition [3]. - Shareholders who have accepted the offer remain bound by their acceptance through the extended offer period [4]. Regulatory Approvals - The extension of the offer period is necessary to secure approval from the UK Secretary of State under the National Security and Investment Act 2021, with prior approval already obtained from the Swedish Inspectorate of Strategic Products [2].

HAMILTON, Bermuda, April 29, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release their financial results for the first quarter 2025 after market close on Wednesday, May 7, 2025. The Teekay Group plans to host a conference call on Thursday, May 8, 2025 at 11:00 a.m. (ET) to discuss its results for the first quarter 2025. All shareholders and interested parties are invited to listen to the live ...

Teekay Tankers has a fleet of 37 double-hull tankers (including 22 Suezmax tankers and 15 Aframax / LR2 tankers), and has five time chartered-in tankers. Teekay Tankers' vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned joint venture. In addition, Teekay Tankers manages and operates vessels for the Australian government and Australian ene ...