Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
BW LPG and Dorian LPG is negotiating a possible merger
September 24, 2018

Back in may, the LPG shipping company BW LPG submitted a proposal to merge with the competitor Dorian LPG through a pure equity transaction, where Dorian shareholders were offered 2.05 BW LPG shares for each Dorian share. The proposed transaction values the new shipping company to USD 1.1bn. The proposal was rejected, but the discussions between the management of the two companies have continued.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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