Breda,
Netherlands-based
Dockwise
has
sought
clarification
on
the
offer
from
Royal
Boskalis
Westminister
and
has
corralled
the
support
of
25%
of
its
shareholders
who
are
against
the
current
offer
price.
However
the
company
faces
an
uphill
battle
in
any
attempt
to
block
the
bid
given
Royal
Boskalis
Westminster
now
has
the
support
of
65%
of
the
shareholders.
The
Dockwise
board
of
directors
has
admitted
that
it
“sees
various
merits
in
the
communicated
strategic
rationale
of
a
potential
combination”
but
insisted
that
“the
current
intended
offer
price...undervalues
Dockwise
and
does
not
reflect
its potential”.
Dockwise
said…
