Oaktree Capital Management has decided not to go forward with the stake sale in Torm after the shares in the Danish product tanker owner declined sharply on Thursday. The US private equity firm, which owns around 65% of Torm, was looking to offload 6% or 5m of its shareholding and grant a 30-day...
https://splash247.com/oaktree-cancels-offer-for-stake-sale-in-torm-after-shares-tumble/