Bourbon sells interest in the Rigdon companies

The sale of Bourbon's interest in the Rigdon companies has been announced as part of the merger proposal between US companies, Ridgon Marine Corporation and Gulfmark Offshore.

As the Rigdon companies had so far been accounted for according to the equity method, the sale will have no impact on revenues, nor on Bourbon's EBITDA. The sale will generate for Bourbon a capital gain on sale of approximately Eur 60 million (US$95.3 million) in the second half.
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