CMB.TECH Reopens Takeover Bid with New Offer

Euronav (CMBT) has released an update.

CMB.TECH NV has announced the reopening of its mandatory public takeover bid at an adjusted offer of USD 12.66 per share, following an additional payment to shareholders who previously accepted the bid. The reopening comes after a directive from the Belgian Financial Services and Markets Authority and details can be found on the company’s website. CMB.TECH is a maritime group active in decarbonizing shipping, operating a diverse fleet and offering alternative fuels like hydrogen and ammonia.

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