By David Sachs Euronav said its two top shareholders are working on a deal that would split up its oil tanker fleet, ending speculation that sent its stock.
By Ben Glickman Shares of Euronav rose after the company confirmed it was in talks to sell 24 oil tankers to shareholder Frontline for $2.35 billion. The.
Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization. The post Tanker shipping’s ‘odd couple’ prepares for a divorce appeared first on FreightWaves.
Euronav (NYSE:EURN – Get Free Report) and Mirage Energy (OTCMKTS:MRGE – Get Free Report) are both transportation companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk. Analyst Ratings This is a breakdown of recent ratings […]