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BW chief defends ‘very generous’ offer for Dorian

BW’s increased offer to acquire Dorian LPG is already ‘very generous’ and it is difficult to justify to its shareholders to further sweeten the deal, says the company chief Andreas Sohmen-Pao

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Mr Sohmen-Pao confirms there have been some discussions between BW and Dorian, but the latter has yet to give a formal response to the merger offer

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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