Independent journal on economy and transport policy
01:35 GMT+2
Frontline abandons talks with ICB
(Financial Times)
July 1, 1998
By Tim Burt in Stockholm
Frontline, the Bermuda-based tanker operator, yesterday abandoned talks aimed at ending its long-running ownership battle with ICB Shipping, of Sweden.
The tanker group - which launched a SKr3.22bn ($404m) hostile bid for ICB last September - said the two companies had failed to reach agreement on a new offer involving an innovative ...... Read more on Financial Times
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher