Golar gears up for full acquisition of spin-off

John Fredriksen-controlled shipping giant Golar LNG is targeting mid-May for an offer to purchase the remaining shares of spin-off Golar LNG Energy.

This move follows further share acquisitions yesterday, which saw the Norwegian shipowner first boost its holding to 94.2% before lifting its interest to 95.1% in a separate 489.5 million kroner ($9.3 million) transaction.

Golar LNG now has over 226 million shares in Golar LNG Energy, which is also listed on the Norwegian stock exchange.

“Golar