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11 August 2020 The on-line newspaper devoted to the world of transports 09:07 GMT+2

May 31, 2000

FGH to sell repair yards to Bollinger

Friede Goldman Halter, Inc. has signed a definitive agreement to sell its vessel repair unit to Bollinger Shipyards, Inc. of Lockport, La for $80 million. The all-cash transaction, which is expected to be completed in July 2000, is structured as an asset sale and is subject to certain conditions including approval under the Hart Scott Rodino Act.

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