Speculation linking BW LPG with a takeover of rival Aurora has resurfaced with the two companies set to release their second quarter accounts.
BW LPG has amassed a 19.5% slice of Aurora and is “circling” the VLGC specialist, according to Arctic Securities.
While a union between the companies has been mooted since BW LPG’s first investment, a weakening of the market has brought the matter to the fore once again.
Erik
