×

Warning

JUser: :_load: Unable to load user with ID: 55

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

© Copyright 2019 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

Seatrade Offshore Marine Workboats stacked

Seatrade Offshore Marine and Workboats Middle East

Madinat Jumeirah, Dubai • 23 – 24 September 2019

Join nearly 3,000 powerful personalities and alight at the meeting point for the global offshore marine, specialist vessel and workboat industry.

Exhibitor Opportunities >