HAL has increased its takeover offer for Boskalis to EUR33 (USD33) per share – up from EUR32.

The increased offer price plus the EUR0.50 cash dividend paid by Boskalis after the initial announcement (i.e. EUR33.50 in cash per share) represents a premium of approximately 32 percent to the closing price per share on the Euronext Amsterdam on the reference date of March 9 – the last trading date prior to the initial announcement.

Accordingly, the Boskalis boards unanimously recommend to the shareholders to accept the offer and to tender their shares under the offer.

The acceptance period has now also been extended to September 6.