Saverys has a plan for how to stop merger of Frontline and Euronav

Major shareholder in Belgian tanker operator Euronav, proposed merging partner of Frontline, will try to get support for preventing the merger. ”I have more than one string in my bow,” says CMB CEO Alexander Saverys to Financial Times.
Photo: PR / CMB
Photo: PR / CMB

Alexander Saverys – who is a major shareholder in the listed Belgian tanker operator Euronav – is forming a strategy intending to prevent the announced merger of Euronav and Frontline.

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