Norway: BW LPG offers to buy Aurora LPG shares

31.10.2016

Norway: BW LPG offers to buy Aurora LPG shares
Hegnar Online, 31 Oct 2016, online:-
Norwegian natural gas shipping company BW LPG has made an offer for the remaining shares in competitor Aurora LPG. CEO Martin Ackermann at BW LPG claimed that a majority stake in Aurora LPG will secure a strong player on transports of Liquefied Petroleum Gas (LPG). The combined companies could provide flexibility and reliability from owning the largest Very Large Gas Carrier (VLGC) in the world. The offer is valid until 5 December 2016.
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