BW LPG has acquired a large stake in John Fredriksen-controlled Avance Gas, prompting speculation of further consolidation in the red-hot VLGC segment.
In an exchange filing, BW LPG said it purchased 9.14%
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Fredriksen vs Sohmen-Pao? BW LPG snaps up 9% chunk of Avance Gas
VLGC giant’ stake buy in Fredriksen-controlled rival prompts M&A talk
22 December 2020 11:38 GMT
Updated
22 December 2020 15:42 GMT
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