Sea containers completes $585 million silja sale
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Sea Containers completes $585 million Silja sale Indebted container leasing and ferries company Sea Containers Ltd., has completed the $585 million sale of its Baltic ferry subsidiary
Silja to Estonian ferry operator Tallink. The consideration for the sale of Silja’s core business is 450 million euros ($563 million) in cash and 5 million ordinary shares in Tallink
valued at $22 million. London-based Sea Containers said it will use the money to repay about $503 million of related bank debt.