The merger between the two product tanker carriers, Navig8 Product Tankers and Scorpio Tankers, has moved one step closer to reality after Navig8's shareholders voted in favor of the merger on Tuesday.
Altogether, 94.25 percent of the investors voted for the merger, which remains subject to customary closing conditions and is expected to close on, or around Sept. 1, writes Scorpio Tankers in a press release.
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