Brief: BW LPG Ltd Sells 4 VLGCs To BW LPG India, Intends To Buy Minrity Stake In The Entity

BW LPG

08/12/2021 07:16

Dec 8 (Reuters) - BW LPG Ltd  BWLPG.OL :
    * SALE OF FOUR VLGCS TO BW LPG INDIA AND IN ADVANCED DISCUSSIONS WITH AN
    * BW LPG INDIA HAS PURCHASED FOUR VERY LARGE GAS CARRIERS (VLGCS) FROM PARENT COMPANY BW LPG
LIMITED.
    * LAST VESSEL IS EXPECTED TO BE DELIVERED IN Q2 2022
    * IN ADVANCED DISCUSSIONS WITH AN INVESTOR FOR ACQUISITION OF A MINORITY STAKE IN BW LPG
INDIA FOR
APPROXIMATELY USD 50 MILLION

Source text for Eikon:  ID:nObiDcd3Ja 
Further company coverage:  BWLPG.OL 

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