27/04/2022at 15:01

Saverys family ups stake in Euronav again – wants three board members

Shipping family Saverys, which opposes the proposed merger between Frontline and Euronav, has increased its ownership stake in Euronav and will propose electing three candidates for the company’s board at the AGM.

by DAG HOLMSTAD

The drama surrounding the future of Belgian crude oil tanker carrier Euronav, proposed as merger partner of Norwegian rival Frontline, is intensifying.

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Analysts doubt Saverys can prevent merger of Frontline and Euronav
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Saverys has a plan for how to stop merger of Frontline and Euronav
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