Independent journal on economy and transport policy
19:45 GMT+2
FRONTLINE SEEKS INJUNCTION AGAINST ICB-ASTRO MERGER
(Shipping Times)
October 10, 1997
Proposed deal does not breach company law: ICB Shipping
[OSLO]
Frontline, the Bermuda-based tanker operator bidding 3.22 billion Swedish kroner (S$660.1 million) for its Swedish rival, ICB Shipping, is taking legal action to prevent ICB pursuing a friendly US$309 million (S$478.9 million) merger with Greek-owned Astro Tankers.
John Fredriksen, the Norwegian ...... Read more on Shipping Times
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