Leif Hoegh To Buy Remaining Stake in Unicool

November 19, 1999

Leif Hoegh & Co. ASA announced plans to buy the remaining 50 percent of reefer operator Unicool, in which it already holds a 49.8 percent stake. Final negotiations for the deal re expected to take place next week. The price of the deal is to remain confidential, officials said. Unicool is the world's biggest operator of refrigerated ships and has 68 vessels.

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