The share price of Avance Gas dipped on Tuesday after John Fredriksen priced his offer to buy the rest of the VLGC owner.
The shipping tycoon's private Hemen Holding will pay NOK 43 per share or NOK 2.22bn ($255m) for the remaining 67% of the company that Hemen and affiliate Frontline does not own.
The price closely mirrors the closing price on Friday, causing the stock to drop 2.5%
