Frontline is offering a 8.7% premium to net asset value in its bid for fellow tanker owner DHT Holdings, according to a TradeWinds poll of analysts.
A survey of nine US and Oslo analysts gives an average NAV estimate of $4.72 per DHT share in the roughly $475m non-binding offer by John Fredriksen-led Frontline.
That compares to an implied offer price of $5.13
