Shareholders of Hoegh LNG Partners are looking for answers around the $309m take-private offer from its parent company.
Sources close to the situation told TradeWinds that a request for documents has been made to Hoegh LNG, with stakeholders concerned that they are being forced out at a substantial discount, even following May’s beefed-up $9.50-per-share offer.
Hoegh LNG, an owner of five floating storage and regasification units and itself a public company until it was taken off public exchanges last year in a deal with Morgan Stanley, first made a $4.25-per-share
