Andreas Sohmen-Pao’s BW Group has added to its majority shareholding in VLGC shipowner BW LPG to continue a succession of purchases.
The privately owned group spent NOK 5.26m ($614,474) on 206,517 shares in BW LPG on the Oslo Stock Exchange at a price of NOK 25.47 each.
The transaction has raised BW Group’s shareholding in BW LPG to 67,481,128 shares, equivalent to 47.54%
