Frontline and DHT Holdings continue to trade blows in an increasingly hostile takeover tussle.
Today it was Frontline’s turn to speak out in a drama now in its fifth month and spanning three public offers – each of which has been rejected.
Robert Hvide Macleod, chief executive of Frontline Management, used an open letter to DHT chairman Erik Lind to rebuff previous suggestions from the target and press its own case for a transaction.
