Shareholders in Oslo-listed Rem Offshore have now approved the merger with Solstad Offshore after heavyweight investor Aker, backed by billionaire industrialist Kjell Inge Rokke, used its vote as a bondholder to block a financial restructuring effort by Rem to execute the deal, having earlier gained a stake in Solstad.
Remoy, who founded Rem in 1996, is now pumping Nkr500 million ($61.4
