Another Dorian LPG shareholder is leaning in favour of BW LPG's $1.1bn acquisition offer for the company, saying a volatile industry such as gas shipping would benefit from the larger scale offered by the combination.
The letter from New York-based Oppenheimer + Close comes almost two weeks after BW LPG unveiled its stock-for-stock offer for New York-listed Dorian LPG. The move would create the largest fleet of very large gas carriers (VLGC) under one owner.
