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Home Icon > About Us > News > Saverys family stands ground against ‘impossible’ Euronav and Frontline meger scheme

Saverys family stands ground against ‘impossible’ Euronav and Frontline meger scheme

The Saverys family’s Compagnie Maritime Belge (CMB) continues to reject the proposed Euronav takeover bid by John Fredriksen’s Frontline, claiming that without its backing, a squeeze-out would be “impossible” and a legal merger of the two tanker giants “highly unlikely”. On Monday, Euronav and Frontline announced a definitive stock-for-stock combination agreement that would see an …

WP_Post Object ( [ID] => 275520 [post_author] => 103 [post_date] => 2022-07-12 14:48:32 [post_date_gmt] => 2022-07-12 14:48:32 [post_content] =>

The Saverys family’s Compagnie Maritime Belge (CMB) continues to reject the proposed Euronav takeover bid by John Fredriksen’s Frontline, claiming that without its backing, a squeeze-out would be “impossible” and a legal merger of the two tanker giants “highly unlikely”. On Monday, Euronav and Frontline announced a definitive stock-for-stock combination agreement that would see an …

[post_title] => Saverys family stands ground against ‘impossible’ Euronav and Frontline meger scheme [post_excerpt] => The Saverys family’s Compagnie Maritime Belge (CMB) continues to reject the proposed Euronav takeover bid by John Fredriksen’s Frontline, claiming that without its backing, a squeeze-out would be “impossible” and a legal merger of the... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => saverys-family-stands-ground-against-impossible-euronav-and-frontline-meger-scheme [to_ping] => [pinged] => [post_modified] => 2022-07-13 06:18:32 [post_modified_gmt] => 2022-07-13 06:18:32 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=169416 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )