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CMB wins battle over asset manager in Euronav acquisition dispute

A US asset manager claimed in February that CMB violated US law in relation to the major acquisition. But a Belgian court has now dismissed the charges.
Earlier this year, the asset manager tried to get a US district court to block CMB's acquisition of the remaining shares in Euronav. | Photo: Pr / Euronav
Earlier this year, the asset manager tried to get a US district court to block CMB's acquisition of the remaining shares in Euronav. | Photo: Pr / Euronav
by SEBASTIAN SCHLÜTER JACOBSEN

The market court in Belgium has rejected a request to suspend the closure of CMB’s acquisition of Euronav, writes CMB, which is listed in Brussels and New York, in a press release on Friday. 

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