
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
Get access for 14 days for free.
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