Tanker

BlackRock invests in Frontline – but slightly less than first announced

Frontline has a new shareholder in the form of US investment firm giant BlackRock, though the investment is a little less than first announced.
Photo: Mats Finnerud
Photo: Mats Finnerud
by IDHA TOFT VALEUR

Oslo-based tanker operator Frontline has a new major shareholder on the books in the form of US investment giant BlackRock. First, the investment firm flagged its investment as it reached over 5 percent, then it corrected it.

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