Brief: Stolt-Nielsen To Buy Remaining Issued And Outstanding Shares Of Avenir LNG

Stolt-Nielsen

05/03/2025 07:05

March 5 (Reuters) - Stolt-Nielsen Ltd SNI.OL:

LAUNCH OF COMPULSORY ACQUISITION OF REMAINING ISSUED AND OUTSTANDING SHARES OF AVENIR LNG LIMITED BY STOLT-NIELSEN LIMITED

AS HOLDER OF MORE THAN 95% OF AVENIR LNG'S SHARES, STOLT-NIELSEN GAS LTD. IS ABLE TO ACQUIRE REMAINING SHARES IN AVENIR LNG BY WAY OF COMPULSORY ACQUISITION

PURCHASE PRICE FOR COMPULSORY ACQUISITION IS $ 1.00 PER AVENIR LNG SHARE

COMPLETION OF COMPULSORY ACQUISITION AND SETTLEMENT OF PURCHASE PRICE EXPECTED TO OCCUR ON OR ABOUT APRIL 16, 2025

Source text: ID:nGNEbyRcqP

Further company coverage: SNI.OL

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))