Petredec offloads entire stake in Avance Gas for $67m

Capt. John

VLGC player Petredec has sold its entire holding in Avance Gas for around $67.4m. The second largest owner of Avance Gas, with a 17.3% stake, has offloaded close to 13.4m shares in John Fredriksen-controlled firm at NOK43 ($5.03) per share. Fredriksen’s Hemen Holding launched a mandatory offer last...

https://splash247.com/petredec-offloads-entire-stake-in-avance-gas-for-67m/

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