Euronav warns shareholders against rejecting exchange offer

Tank carrier Euronav once again rejects the Saverys family’s critique of merger with rival Frontline, stating that stakeholders risk losing money if they fail to partake in exchange.

Alexander Saverys is a driving force behind resistance against Frontline and Euronav fusion. | Photo: Cmb

by KIM WIESENER

Shipping family Saverys has succeeded in blocking a full merger between Frontline and Euronav.

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Alexander Saverys escalates feud with Euronav in letter to management
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Alexander Saverys optrapper strid med Euronav og langer ud efter topchef i brev
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Saverys has spent USD 620m fighting Frontline-Euronav merger
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