Mergers & Acquisitions ·
Navigator Holdings agrees to merge into Navigator Gas plc in $1-for-1 share exchange
NVGSNavigator Holdings Ltd.
Navigator Holdings Ltd. entered into an Agreement and Plan of Merger with its wholly owned subsidiary, Navigator Gas plc (Parent), and a merger subsidiary. Under the terms, Navigator Holdings will merge into the subsidiary, converting each outstanding common share into one ordinary share of Parent. The transaction facilitates the company's planned change in corporate domicile from the Marshall Islands to England and Wales. Closing is subject to shareholder approval and SEC registration effectiveness. Navigator Gas plc operates as an owner and operator of offshore support vessels.