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Euronav ( (CMBT) ) has issued an update.
Golden Ocean Group Limited has approved a merger with CMB.TECH Bermuda Ltd., a subsidiary of CMB.TECH, during a Special General Meeting. This merger, expected to close on August 20, 2025, will see Golden Ocean’s shares exchanged for CMB.TECH shares, potentially enhancing CMB.TECH’s market position in the maritime industry.
The most recent analyst rating on (CMBT) stock is a Hold with a EUR8.80 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 based in Antwerp, Belgium, operating over 160 vessels including crude oil tankers, dry bulk vessels, and container ships. The company also offers hydrogen and ammonia fuel, with a presence across Europe, Asia, the United States, and Africa. It is listed on Euronext Brussels and the NYSE under the ticker symbol ‘CMBT’.
Average Trading Volume: 45,726
Current Market Cap: €1.42B
For an in-depth examination of CMBT stock, go to TipRanks’ Overview page.