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23/01/2023at 10:04

Fredriksen snags up additional Euronav shares

John Fredriksen’s appetite for Euronav shares is growing following the Belgian carrier’s announced call for arbitration on account of the terminated Frontline merger plans.
Photo: INTS KALNINS/REUTERS / X02120
by DANIEL LOGAN

Through subsidiaries, John Fredriksen keeps buying into Belgian tanker carrier Euronav, reveals an announcement to the US Securities and Exchange Commission (SEC), as Euronav trades in New York.

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Foto: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
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Fredriksen now owns nearly as many Euronav shares as the Saverys family

Through subsidiaries, Fredriksen’s shareholding in Euronav has reached nearly 25 percent, almost matching that of the Saverys, who blocked a merger with Frontline. Interesting development, says analyst. 

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