Frontline-Euronav merger a "win-win" for Fredriksen and shareholders
Shareholders in the two tanker carriers Euronav and Frontline, including, not least, John Fredriksen, face lucrative gains from the two companies’ merger, according to DNB. The backdrop of the merger is found in customer demand, Euronav tells ShippingWatch.
The merger between the two large tanker companies Euronav and John Fredriksen-controlled Frontline will not only create a new tanker market leader but could also end up entailing a lucrative situation for the companies’ shareholders.
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Frontline and Euronav join forces in big tanker merger
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