Tanker

Major shareholder offloads shares in Torm

Oaktree Capital Management also attempted to sell part of its stake in the tanker operator earlier this year. 
Torm's own CEO, Jacob Meldgaard, also sold Torm shares for DKK 110m after the tanker operator recently published impressive financial results. | Photo: Carsten Lundager / Torm
Torm's own CEO, Jacob Meldgaard, also sold Torm shares for DKK 110m after the tanker operator recently published impressive financial results. | Photo: Carsten Lundager / Torm
by LIV ALMER

The US major shareholder Oaktree has divested from its stake in tanker carrier Torm for around DKK 585m (USD 85m), according to a document from the US Securities and Exchange Commission.

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