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Home Icon > About Us > News > Frontline-Euronav merger: Countercyclical transaction to create long-term value for shareholders

Frontline-Euronav merger: Countercyclical transaction to create long-term value for shareholders

On 7 April 2022, Frontline Limited (FRO) and Euronav NV (EURN) announced that the companies are in the process of a merger that would create a global leader in the tanker shipping market. FRO will acquire all 201.7mn of issued and outstanding EURN shares with 292.4mn FRO shares (1.45 FRO shares for each share of ...

The post Frontline-Euronav merger: Countercyclical transaction to create long-term value for shareholders first appeared on Hellenic Shipping News Worldwide.

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On 7 April 2022, Frontline Limited (FRO) and Euronav NV (EURN) announced that the companies are in the process of a merger that would create a global leader in the tanker shipping market. FRO will acquire all 201.7mn of issued and outstanding EURN shares with 292.4mn FRO shares (1.45 FRO shares for each share of ...

The post Frontline-Euronav merger: Countercyclical transaction to create long-term value for shareholders first appeared on Hellenic Shipping News Worldwide. [post_title] => Frontline-Euronav merger: Countercyclical transaction to create long-term value for shareholders [post_excerpt] => On 7 April 2022, Frontline Limited (FRO) and Euronav NV (EURN) announced that the companies are in the process of a merger that would create a global leader in the tanker shipping market. FRO will acquire all 201.7mn of issued and outstanding EURN shar... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => frontline-euronav-merger-countercyclical-transaction-to-create-long-term-value-for-shareholders [to_ping] => [pinged] => [post_modified] => 2022-04-14 21:00:57 [post_modified_gmt] => 2022-04-14 21:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=921589 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )