BW Group's sale of part of its stake in DHT Holdings could generate $101.3m in proceeds.

The Andreas Sohmen-Pao-led shipping conglomerate has priced its underwritten public offering of 14.68 million shares in DHT at $6.90 each, it was announced on Tuesday.

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New York-listed DHT disclosed the initial offer on Monday, after its shares closed at $7.52,