A group of Aurora LPG shareholders are planning to appeal after losing a court fight over the takeover by larger rival BW LPG.
The plaintiffs, including former Aurora chief executive Borge Johansen and chief financial officer Nikolai Jebsen, claim that BW LPG breached the mandatory offer rules and paid NOK 500m ($60m) too little when it took over the Oslo-based VLGC owner in 2016.
