Cobas Asset Management to vote against move to take Hoegh LNG private

Cobas Asset Management has reportedly said that it will vote against a plan to take Hoegh LNG Holdings private.

The Spanish investment firm, which owns nearly 15% of Hoegh LNG Holdings, said the proposal “significantly undervalues the company”, according to Bloomberg.

Morten Hoegh reveals thinking behind taking Hoegh LNG private

Read more

In early March, Leif Hoegh said it was teaming up with Morgan Stanley Infrastructure Partners in a bid to take the Oslo-listed company private.