Vopak and Exmar decide not to pursue the FSRU transaction

On 21 December 2016, Vopak and Exmar announced they reached a conditional agreement on the acquisition by Vopak of Exmar’s participation in FSRU assets. As previously stated, the finalization of the deal was subject to consent and cooperation of multiple stakeholders.
After careful consideration, Vopak and Exmar have concluded that these requirements will not be met on the envisaged transaction. Therefore the closing of the FRSU transaction between Vopak and Exmar will no longer be pursued… [Persbericht]