Falls after BW LPG pulls buyout offer

BW LPG

08/10/2018 19:51

** Gas shipper's shares  LPG.N  down 5.3 pct at $7.56 after
Norway's BW LPG Ltd  BWLPG.OL  withdraws buyout proposal
    ** BW LPG says to also withdraw candidates it intended to
nominate to Dorian's board; says Dorian refused to give a
"meaningful response"  urn:newsml:reuters.com:*:nBw4F63xda
    ** Dorian says BW LPG undervalued its young, fuel-efficient
vessels while overvaluing its own older, less fuel-efficient
ones  urn:newsml:reuters.com:*:nPn9VLcC5a
    ** In July, BW sweetened its offer to 2.12 of its shares,
from an initial offer of 2.05 in May  urn:newsml:reuters.com:*:nL8N1U51B8 urn:newsml:reuters.com:*:nL4N1TH4LH
    ** Up to Friday's close, LPG shares had risen nearly 15 pct
since BW's initial offer

 (Reporting by Debroop Roy in Bengaluru)
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outside U.S. +91 80 6749 1690; Reuters Messaging:
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