Fairhaven International Ltd. was completed on Friday when the company was officially delisted from the Bermuda Stock Exchange.

The delisting, effective April 28, comes after Eagleville Ltd., also a Bermuda incorporated company, completed acquisition of 100 percent of Fairhaven shares on April 3.

Fairhaven was removed from its primary listing, the London Stock Exchange on April 6 and was subsequently removed from the NASDAQ exchange.

Eagleville, a private company, will not be listed.

A release on January 22, 1995 had reported the conditions for Eagleville to acquire Fairhaven International Ltd. had been met.

The agreement hinged on if Eagleville could acquire additional shares in Fairhaven bringing its total holding to at least 95 percent.

Prior to the offer, Eagleville held 28.9 percent of Fairhaven's issued share capital.

Mr. James Davidson, Mr. Charles Collis and Mr. Nicholas Dill, sit on boards of both companies.

The latter two are partners with the law firm of Conyers Dill & Pearman.

Fairhaven has a 60 percent stake in OGC, while Eagleville has associations with several companies through the Mr. Fred Olsen family, among them shipping interests.

Fairhaven, with a physical presence in Bermuda, also has a stake in Belmont Constructors Inc., a wholly-owned US subsidiary providing engineering, construction and maintenance services to the hydrocarbon, industrial and process industry. Fairhaven, through its subsidiary, Nimslo, Fairhaven holds a 36 percent interest in two US limited partnerships and a Hong Kong corporation which has interests in three-dimensional photographic technology.