Tanker

Fredriksen ups his stake in Avance Gas after private placement

John Fredriksen now ups his ownership stake in Avance Gas. The company just raised more than half a billion NOK to finance newbuilds.
Photo: PR/Avance Gas
Photo: PR/Avance Gas
by TRINE VESTERGAARD

Norwegian-born billionaire John Fredriksen ups his ownership stake in Avance Gas, which he already has a solid stake in.

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