CMB /
Euronav
CMB agrees to purchase a stake in Euronav NV
What happened
CMB agreed to buy 28.47% of Euronav NV from Famatown Finance Limited and Frontline plc for an aggregate purchase price of $1,059,351,682 in cash. The share purchase agreement was signed on Oct. 9, 2023.
The related tender offer price is $17.86 per share in cash, following Euronav’s $0.57 per-share dividend.
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CMB agrees to purchase a stake in Euronav NV
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