Tong Jinquan, a Chinese billionaire and real estate agent, has become a new major shareholder in the drilling company Seadrill, led by chairman John Fredriksen.
On February 6, Jinquan's company Wealthy Fountain Holdings Inc bought 1.3 million shares in Seadrill at USD 13.26 per share, and the company now owns 21.3 million shares after the transaction, corresponding to about 4.33 percent of Seadrill.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.