Tanker

Majority owner Oaktree puts millions of Torm shares up for sale

Oaktree will sell enough shares to bring its ownership stake in Torm below 50%. The private equity fund has been the main owner since 2015. Updated.
The listed tanker carrier Torm has increased its fleet by 15% since 2022 and today has 89 product tankers. | Photo: Carsten Lundager / Torm
The listed tanker carrier Torm has increased its fleet by 15% since 2022 and today has 89 product tankers. | Photo: Carsten Lundager / Torm
by DAG HOLMSTAD

Torm’s main shareholder for almost nine years has put a large block of shares for sale in the listed, Danish-based product tanker operator.

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