As part of the deal, CMB will acquire Frontline's 26.12% stake in Euronav at $18.43 per share, and Frontline will acquire 24 Euronav VLCCs for $2.35 billion.
Author: Capt. John
https://shipandbunker.com/news/world/179052-frontline-to-buy-24-vlccs-from-euronav