Announced

J. Lauritzen and Geneva Group to acquire the remaining shares in BW Epic Kosan for NOK2.25bn.

Synopsis

J. Lauritzen, a Danish shipping company, and Geneva Group, a group of shareholders in BWEK, offered to acquire the remaining shares in BW Epic Kosan, a provider of last-mile delivery of LPG and petrochemicals, for NOK2.25bn. Certain major shareholders of BWEK have pre-accepted the offer.

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