#United States #New York #Arnhold LLC #Ocean Wilsons #Hansa Investment

Arnhold LLC Challenges Ocean Wilsons to Reconsider Merger Proposal

On September 3, 2025, Arnhold LLC, a prominent investment management firm, publicized its ongoing opposition to the proposed all-share merger between Ocean Wilsons Holdings Limited and Hansa Investment Company Limited. This public stance comes in light of recent statements from Ocean Wilsons, which Arnhold firmly disputes.

Arnhold holds a significant stake in Ocean Wilsons, owning over 900,000 shares, and has taken an active role in communicating concerns directly to fellow shareholders. In an open letter addressed to Ocean Wilsons shareholders, Arnhold expresses dissatisfaction with Ocean Wilsons’ previous response, labeling it inadequate and an attempt to divert attention from the substantial issues at hand regarding the proposed merger.

In the letter, Arnhold affirms its belief that the merger proposal is fundamentally flawed and unfair to existing shareholders. They warn that the deal may culminate in a significant loss of value for those invested in Ocean Wilsons. Furthermore, the firm emphasizes the necessity for shareholders to scrutinize all relevant information related to the merger, including insights from independent proxy advisory firms. These outside experts have evaluated the merger proposals and prepared recommendations on how shareholders should vote.

The Scheme Meeting, where shareholders will cast their votes, is scheduled for September 12, 2025. Arnhold stresses the importance of this vote, urging shareholders to align against what they perceive as a potentially value-destructive merger between Ocean Wilsons and Hansa. They insist that every shareholder must be informed and make a decision based on a comprehensive understanding of the implications of the merger proposal.

Arnhold has committed to engaging with shareholders who may wish to discuss the contents of their letter or the implications of the proposed merger further. The investment manager encourages open dialogue to ensure that all concerns and viewpoints are considered in the shareholders' decision-making process.

As this situation unfolds, the industry watches closely, recognizing the potential repercussions of the merger for both companies and their shareholders. Arnhold LLC’s vigorous stance represents a growing trend in shareholder activism, where investors are increasingly vocal about their rights and the decisions being made by company management that may impact their investments.

In conclusion, the upcoming Scheme Meeting will be crucial, not only for Ocean Wilsons and Hansa Investment but also as a testament to the value of informed shareholder engagement in corporate governance. Arnhold LLC remains vigilant and committed to advocating for the interests of Ocean Wilsons’ shareholders, ensuring they are fully equipped to make an informed decision come the voting date.