Article: Norway's Eitzen Maritime Services ASA sells holding in Spanish watch retailer Clockwise.

NORDIC BUSINESS REPORT-13 June 2008-Norway's Eitzen Maritime Services ASA sells holding in Spanish watch retailer Clockwise(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Norwegian company Eitzen Maritime Services ASA (OSE:EMS) said on Friday (13 June) that it has sold its 54% majority stake in the Spanish watch retailer Clockwise.

The shares were sold to a minority shareholder for EUR850,000.

Eitzen Maritime Services received its holding in Clockwise in connection with its acquisition of the Spanish ship supply company Provimar ...

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