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Fredriksen tightens grip on Avance Gas

Some shareholders have agreed to sell their holdings in Avance Gas, giving John Fredriksen greater control of the very large gas carrier company

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The offer to buy Avance Gas shares at NKr43 per share ends on Tuesday. As it stands, Hemen Holding, a John Fredriksen unit, will own more than 60% of the shares

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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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