Tanker

Fredriksen's holding company to launch bid for Avance Gas

John Fredriksen's Hemen Holding has increased its stake in gas ship operator Avance Gas, and the holding company aims to make a bid for all of the shares and thus take over the company, reports Finansavisen.
Photo: Ints Kalnins/Reuters/Ritzau Scanpix
Photo: Ints Kalnins/Reuters/Ritzau Scanpix
by DANIEL LOGAN

John Fredriksen has his sights set on purchasing all of the shares in gas tanker operator Avance Gas.

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