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2014-04-30 00:20:22

BOURBON confirms its objective of 8-10% growth in revenues for 2014 with a slight increase in the EBITDAR/revenue margin PARIS, April 30, 2014 /PRNewswire/ -- - Quarterly revenues rose 7.9% (at constant rates) partly due to a 7.1% increase in the size of the fleet. 1st quarter activities were impacted sequentially by seasonal effects in the North Sea and in South East Asia. - The fleet utilization rate excluding Crewboats was over 90%,...

2014-03-24 16:20:13

PARIS, March 24, 2014 /PRNewswire/ -- At its meeting of March 21, 2014, the Board of Directors of BOURBON noted JACCAR Holding's proposed bid for shares of BOURBON. It decided to appoint a committee of 4 independent Group directors (Agnes Pannier-Runacher, Guy Dupont, Philippe Sautter and Mahmud Tukur) in order to examine this project ; this committee will solicit proper consultation in undertaking this review. The Board will make a decision on the basis of their...

2014-03-17 04:21:07

PARIS and LUXEMBOURG, March 17, 2014 /PRNewswire/ -- BOURBON has been informed of a proposed bid for its shares at a price of 24 euros per share, announced March 16, 2014 by its main shareholder, JACCAR Holdings. This offer is conditional upon obtaining 50.1% of the capital and bank financing. This offer would allow JACCAR Holdings to strengthen its position in BOURBON's share capital and provide liquidity to shareholders. JACCAR Holdings has indicated that they do...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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