21MAR2019 - NEWS - Singapore based BW Group acquires major stake in Epic Gas

Singapore based BW Group has recently purchased a majority stake in Epic Gas and launched an unconditional tender offer to acquire the remaining shares of the owner and operator of pressurized gas carriers. According to Epic Gas, BW Group would acquire a minimum of 51% of its outstanding shares, including the purchase of all of the shares held by certain affiliates of Jefferies Financial Group and DVB SIIM. The company said it acquired 38.54 million shares in Epic Gas from the key shareholders representing 54.7% of the issued shares.

Published by Editor - www.Livebunkers.com at 21-Mar-2019 04:30:34 [UTC] , contact editor at editor@livebunkers.com