Belgian oil tanker and storage operator Euronav said this week it had received “a clear signal” from shareholders in support of its proposed $4.2-billion merger with smaller Oslo-listed rival Frontline FRO.OL. Euronav, one of the largest oil tanker companies in the world, has been embroiled in a clash with its biggest shareholder, Saverys’ Compagnie Maritime …
The post Euronav says it has ‘clear’ shareholder signal in favour of Frontline merger first appeared on Hellenic Shipping News Worldwide.