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Announced

CMB.TECH to acquire a 70% stake in Golden Ocean Group from Hemen Holding for $1.5bn.

Synopsis

CMB.TECH, a company specializing in diversified shipping services and sustainable maritime technologies, agreed to acquire a 70% stake in Golden Ocean Group, a company focused on dry bulk shipping, from Hemen Holding, a company indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family, for $1.5bn.

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