Saga Completes Merger

Maritime Activity Reports, Inc.

March 15, 2019

Image: Saga Tankers

Image: Saga Tankers

Norway-based Saga Tankers ASA has completed its reorganization.

It's 100% owned subsidiaries Strata Marine & Offshore AS, Saga Julie AS, Saga Unity AS and Saga Chelsea AS have completed the merger with Saga Tankers ASA, the company announced. As a result, all assets has been transferred to Saga Tankers ASA. This include, but are not limited to, shares in Vistin Pharma ASA.

After the completion of the merger Saga Tankers ASA will only have Vallhall Fotballhall KS, Vallhall Fotball AS and Vallhall Fotballhall Drift AS as subsidiaries.

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