Aker Yards engages JP Morgan to explore international options
STX buys large chunk of Aker Yards
Norway's Aker Yards ASA said Tuesday that it has engaged JP Morgan as its international financial advisor to help the shipbuilder explore its 'strategic options.'
The company already employs Arctic Securities ASA as financial advisors.
Aker Yards is reviewing its position following the purchase of a 39.2 percent stake by an affiliate of South Korea's STX Corp. at the end of last month for about $800 million.