Brief: BW LPG Acquires 12 Very Large Gas Carriers From Avance Gas

BW LPG

15/08/2024 12:13

Aug 15 (Reuters) - BW LPG Ltd  1PE.F :
    * BW LPG ACQUIRES 12 VERY LARGE GAS CARRIERS FROM AVANCE GAS
    * AVANCE GAS HOLDING LTD - TO ACQUIRE 12 MODERN VERY LARGE
GAS
CARRIERS (VLGCS) FROM AVANCE GAS HOLDINGS LTD. FOR A TOTAL
CONSIDERATION OF US$ 1,050 MILLION
    * AVANCE GAS HOLDING LTD - FOLLOWING ISSUANCE OF TOTAL SHARE
CONSIDERATION, AVANCE GAS WILL BECOME A 12.77% SHAREHOLDER IN BW
LPG

Source text for Eikon:  ID:nBw3TDY09a 
Further company coverage:  1PE.F 

 (Reuters.Briefs@thomsonreuters.com)