- Ditch Belgium status with Dividend headaches?
- Savery Family aggressively buying into EURN, insider information?!?
- Allows Fredriksen’s daughters to more easily exit some exposure in a few years
- Large enough to get into Indices/passive money flows?
Looks like a massive 22% premium for EURN, seems like a NAV-NAV deal.
Final observation. It looks close to NAV-NAV, but FRO is diluting their modern fleet with a mixed fleet and their high scrubber % to a mostly non-scrubbered fleet.
Maybe the combined company starts a big scrubber program on EURN's vessels?
$EURN up sharply today, $FRO down?
$FRO down now. But EURN still trading way below the offer. Seems like a done deal to me with Fredriksen-Savery support. Bought some EURN.
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