Belgian regulator orders Saverys family’s CMB to pay $36m
Decision follows September court ruling that found CMB wrongly calculated its offer price
The Belgian financial regulator has order Euronav to pay shareholders who tendered shares during the mandatory takeover bid in March an extra $0.52 per share, and reopen the bid for those that did not at $12.66 per shares. The latter seems largely symbolic as the stock has been trading above that price