BW LPG is seeking to take over its publicly listed peer Dorian LPG in a $1.1bn deal that would combine the two largest players in the very large gas carrier space.
BW LPG said it has made a stock-for-stock offer for Dorian with 2.05 of BW LPG shares being exchanged for each Dorian share.
The proposal values each share of Dorian at $7.86,
