Euronav shares slide after majority shareholder divests
A former majority shareholder has sold off his shares to save money for other shipping investments, sending the Euronav share into a sharp dive.
BY CHRISTIAN BARTELS
Euronav shares have dived sharply after the former major shareholder Peter G. Livanos, Chairman of the Board of Euronav, sold out of a large portion of his shareholding. Since Wednesday, the price of a share has dropped from USD 1.9 to USD 1.8 on Friday morning, reports Euronav in a press release.
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