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BW LPG withdraws offer to buy Dorian

After four months of courting, gas shipping company BW LPG has withdrawn its offer to buy competitor Dorian. A lost opportunity for shareholders and the sector, says BW Chairman Andreas Sohmen-Pao.

Photo: BW LPG

"Dear John."

This is how BW Group Andreas Sohmen-Pao opens his letter to Dorian LPG CEO John Hadjipateras in which he withdraws BW LPG's acquisition bid.

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