BW Epic Kosan shareholders J Lauritzen and Nicholas Lykiardopulo have struck a deal to take the Singapore LPG carrier owner private.

The pair have formed a new company called Web Holding to launch an offer valuing the BW Group-controlled operation at $349m.

Euronav to retain dual listings and could buy part or all of CMB’s eco fleet
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Shareholders will be paid NOK 24 ($2.23)