United Overseas Group to acquire United Arab Chemical Carriers

Investment company United Overseas Group (UOG) is to acquire Dubai-based shipping company United Arab Chemical Carriers (UACC), the two companies said. The deal is subject to regulatory approvals and is expected to close in the first quarter, they said in a statement, without disclosing the value. UOG is controlled by shipping industry veterans Peter Georgiopoulos …

The post United Overseas Group to acquire United Arab Chemical Carriers first appeared on Hellenic Shipping News Worldwide.

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