Euronav takes severe stock market beating following scrapped Frontline merger
Investors offload Euronav shares following reneging of heavily disputed merger with rival Frontline. Explanations are clear, says analyst.
![Hugo de Stoop, CEO of Euronav (left), needs to pick up the pieces following terminated Frontline merger. Frontline CEO Lars H. Barstad will carry on as chief exec. | Photo: Euronav / Frontline](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/14820988/g7n3sf/ALTERNATES/schema-16_9/doc7offxdu0hozve5z01mv.jpg)
Investors have passed their verdict, and it is brutal.
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