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Scorpio Tankers sells 10% Dorian LPG stake to BW Group

BW Group has bought 6m shares in VLGC competitor Dorian LPG in a transaction with Scorpio Tankers.

BW Euroholdings will buy the shares at $15.34 per share, for a gross total of $92m.


After the sale, which is due to close on 22 July, Scorpio Tankers will still hold 3.3m shares of Dorian LPG common stock, around 5.8% of the company.

Posted 20 July 2015

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