Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Euronav ( (CMBT) ).
On August 14, 2025, CMB.TECH announced the publication of an exemption document related to its planned stock-for-stock merger with Golden Ocean Group Limited. This document, prepared in accordance with EU regulations, outlines the merger’s main features and is available on CMB.TECH’s website. The merger aims to facilitate the trading of new CMB.TECH shares on Euronext Brussels and a secondary listing on Euronext Oslo Børs. While the document is informational and not a prospectus, it highlights the strategic move to expand CMB.TECH’s market presence and operational capacity, potentially impacting stakeholders by increasing the company’s scale in the maritime industry.
The most recent analyst rating on (CMBT) stock is a Hold with a EUR16.00 price target. To see the full list of analyst forecasts on Euronav stock, see the CMBT Stock Forecast page.
More about Euronav
CMB.TECH is a diversified maritime group headquartered in Antwerp, Belgium, operating over 160 seagoing vessels, including crude oil tankers, dry bulk vessels, and container ships. The company also provides hydrogen and ammonia fuel, either through its own production or third-party producers. CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol ‘CMBT’.
Average Trading Volume: 44,732
Current Market Cap: €1.45B
See more insights into CMBT stock on TipRanks’ Stock Analysis page.