Independent journal on economy and transport policy
01:21 GMT+2
Frontline completes Golden Ocean acquisition
(Marine Log)
October 16, 2000
Frontline has completed the acquisition of the Golden Ocean Group. In connection with the final settlement with the unsecured creditors Frontline has issued a total of 1,245,998 new Frontline shares at an issue price of $15.65 per share (NOK 143.45). The issue price was set as the average share price during the ten days prior to effective date. The total ...... Read more on Marine Log
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