Scorpio Tankers to sell shares of Dorian LPGStaff writer ▼ | July 21, 2015
Scorpio Tankers has agreed to sell 6 million common shares of Dorian LPG owned by the company to BW Euroholdings Limited, a wholly owned subsidiary of BW Group Limited, for a purchase price of $15.34 per share.
Selling $15.34 per BW Euroholdings share
Following the sale, the Company will continue to own 3,392,083 shares of Dorian's common stock, which is approximately 5.8% of Dorian. ■