Posturing for control of Aurora LPG continued today with market leader BW LPG snapping up more shares in the VLGC owner.
Andreas Sohmen-Pao-backed BW LPG has swooped for 852,800 more Aurora shares, worth in excess of $6.2m.
It comes just over a week after BW became the largest shareholder in Aurora at a time when it was already the subject of an ongoing takeover bid from Avance Gas.