OSLO: Euronav NVand the Anglo-Eastern Univan Group have declared a Heads of Agreement (HoA) for the acquisition of Euronav Ship Management Hellas (ESMH), the ship management division of Euronav. The agreement marks a pivotal step for both companies as they prepare to consolidate their strengths. Anglo-Eastern will take over the ship management duties for the…
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Fronline Ltd. and Euronav NV sign definitive merger agreement
ANTWERP, BELGIUM: Frontline Ltd. (NYSE: FRO ) and Euronav NV (NYSE: EURN ) have entered into a definitive Combination Agreement for a stock-for-stock combination based on an exchange ratio of 1.45 Frontline-shares for every 1.0 Euronav-share. The agreement memorialises the principal aspects of the previously announced term sheet that was signed on 7 April 2022.…