ShippingWatch

Frontline continues buying up shares in Euronav

John Fredriksen is not yet through with buying shares in Belgian Euronav ahead of the merger between Euronav and Fredriksen’s tanker operator Frontline, which recently bought 4% equity in Euronav.

Frontline owner John Fredriksen. | Photo: Ints Kalnins/Reuters/Ritzau Scanpix

John Fredriksen-owned tanker operator Frontline continues to buy up shares in competitor Euronav ahead of the planned merger of the two companies.

According to a press release, Frontline has carried out private transactions and bought an additional 3.82% of the equity in Euronav from select shareholders in the Belgian tanker company.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs