FLEX LNG logo

FLNGo - FLEX LNG News Story

NOK96.95 -6.1  -5.9%

Last Trade - 12/05/21

Sector
Energy
Size
Mid Cap
Market Cap £450.4m
Enterprise Value £1.36bn
Revenue £117.0m
Position in Universe 505th / 1830

Tycoon Fredriksen eyes takeover of Oslo-listed Flex LNG

Fri 24th October, 2014 7:29am
OSLO, Oct 24 (Reuters) - Shipping tycoon John Fredriksen is 
aiming to take control of Oslo-listed Flex LNG  FLNG.OL  
following his purchase of 12.7 million shares that brought his 
stake in the firm to 43.3 percent, his firm Geveran said on 
Friday. 
    "Geveran will make a mandatory offer for the remaining 
shares in Flex LNG within four weeks," Geveran said in a 
statement. Flex LNG is awaiting the delivery of two liquefied 
natural gas carriers due in 2017. 
 
 (Reporting by Gwladys Fouche, editing by Terje Solsvik) 
 ((gwladys.fouche@thomsonreuters.com; +47 23 31 65 94; Reuters 
Messaging: gwladys.fouche.reuters.com@reuters.net)) 
 
Keywords: FLEX LNG FREDRIKSEN/
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.