CMB.Tech acquires John Fredriken’s stake in Golden Ocean for $1.2bn
Procurement in line with company’s diversification strategy, says CMB.Tech chief executive Alexander Saverys
John Fredriksen’s Hemen Holdings has offloaded its 40.8% holding in bulker owner Golden Ocean to Alexander Saverys-led CMB.Tech for nearly $1.2bn. The Saverys family and Fredriksen were previously locked in a feud over the fate of tanker giant Euronav