공고 • Aug 20

Cmb.Tech NV (ENXTBR:CMBT) Completed the acquisition of remaining 50.65% stake in Golden Ocean Group Limited (NasdaqGS:GOGL).

Cmb.Tech NV (ENXTBR:CMBT) signed a term sheet to acquire remaining 50.65% stake in Golden Ocean Group Limited (NasdaqGS:GOGL) for approximately BMD 880 million on April 22, 2025. Cmb.Tech NV signed an agreement to acquire remaining 50.65% stake in Golden Ocean Group Limited on May 28, 2025. The consideration consists of common equity of Cmb.Tech NV at a ratio of 0.95 per common equity of Golden Ocean Group Limited subject to customary adjustments, including to reflect share buybacks, share issuances and/or dividend distributions that may take place prior to completion of the Merger. Upon completion of the Merger, 95,952,934 new shares of CMB.TECH would be issued, whereby CMB.TECH shareholders would own approximately 70% of the total issued share capital of the combined company (or 67% excluding treasury shares) and Golden Ocean shareholders would own approximately 30% (or 33% excluding treasury shares), assuming the Exchange Ratio is not adjusted. Upon completion of the Merger, Golden Ocean would delist from NASDAQ and Euronext Oslo Børs. CMB.TECH would remain listed on the New York Stock Exchange and Euronext Brussels and will pursue a secondary listing on the Euronext Oslo Børs following and subject to completion of the Merger. As of April 3, 2025, CMB.TECH NV indirectly held a total of 98,400,304 shares of Golden Ocean, representing approximately 49.4% of Golden Ocean's outstanding voting shares. Upon completion of the Merger, Golden Ocean will delist from the Nasdaq Global Select Market ("Nasdaq") and Euronext Oslo Børs. CMB.TECH will remain listed on the NYSE and Euronext Brussels and will pursue a secondary listing on Euronext Oslo Børs subject to completion of the Merger. The transaction is subject to remains subject to customary conditions, including confirmatory due diligence, negotiation and execution of definitive transaction agreements, applicable board approvals, regulatory approvals, third-party consents, Golden Ocean shareholder approval, and effectiveness of a registration statement on Form F-4 to be filed by CMB.TECH with the U.S. Securities and Exchange Commission. The Board of Directors of Golden Ocean Group Limited formed a special committee and has unanimously approved the transaction. The Merger Agreement has been unanimously approved by CMB.TECH’s Supervisory Board and by Golden Ocean’s Board of Directors and its special transaction committee composed solely of disinterested directors of Golden Ocean’s Board of Directors. The consummation of the Merger remains subject to customary conditions, including regulatory approvals, Golden Ocean shareholder approval, effectiveness of a registration statement on Form F-4 to be filed by CMB.TECH with the U.S. Securities and Exchange Commission (“SEC”) and obtaining approval for the listing of the Merger Consideration Shares on the New York Stock Exchange and certain antitrust and other approvals specified in the Merger Agreement. The Merger Agreement provides for certain termination rights for both Golden Ocean and CMB.TECH, including the mutual right to terminate if the Merger is not consummated by December 31, 2025 (subject to extension until March 31, 2026, upon certain conditions), including failure to obtain certain regulatory approvals. The parties aim to enter into definitive transaction agreements, including an agreement and plan of merger, during the second quarter of 2025 and Assuming timely fulfillment of the relevant closing conditions, the parties aim to complete the Merger in the third quarter of 2025. On 26 June 2025, CMB.TECH received antitrust clearance from the German Bundeskartellamt (Federal Cartel Office). CMB.TECH notes the announcement by Golden Ocean to hold a special general meeting on August 19, 2025. As on July 28, 2025, Assuming timely fulfillment of the relevant closing conditions, the parties aim to complete the Merger as soon as possible after the Golden Ocean Special General Meeting scheduled for August 19, 2025, currently expected on or around August 20, 2025, which will also be the first day of trading for the newly issued CMB.TECH Merger consideration shares on NYSE, Euronext Brussels and, tentatively, the first day of trading of CMB.TECH on Euronext Oslo Børs. As on August 18, 2025 The Effective date for completion of the Merger will be August 20, 2025 subject inter alia to a positive outcome of the Golden Ocean Special General Meeting on August 19, 2025. As on August 19, 2025 the stock-for-stock merger of Golden Ocean with Cmb.Tech NV has been approved. DNB Markets acted as financial advisor to Golden Ocean Group Limited. DNB Markets acted as fairness opinion provider to Golden Ocean Group Limited. DNB Carnegie acted as the financial advisor and fairness opinion provider to Golden Ocean Group Limited (NasdaqGS:GOGL). Keith Billotti, Ted Horton, Nick Katsanos of Seward & Kissel LLP, Nico Goossens and Henri Nelen of Argo Law BV, Advokatfirmaet BAHR AS and Conyers Dill & Pearman Limited are acting as legal advisors to CMB.TECH. Crédit Agricole Corporate and Investment Bank, ING Belgium SA/NV, KBC Securities NV and Société Générale are acting as financial advisors to CMB.TECH. Seward & Kissel LLP, Erlend Brun Bakken and Viggo Bang-Hansen of Advokatfirmaet Schjødt AS, A&O Shearman LLP and MJM Limited are acting as legal advisors to Golden Ocean. DNB Carnegie, a part of DNB Bank ASA, is acting as financial advisor to Golden Ocean. Cmb.Tech NV (ENXTBR:CMBT) Completed the acquisition of remaining 50.65% stake in Golden Ocean Group Limited (NasdaqGS:GOGL) on August 20, 2025. As of August 20, 2025 Holders of Golden Ocean shares at the effective date of the Merger will receive their portion of ordinary CMB.TECH shares as merger consideration at the exchange ratio of 0.95 ordinary shares of CMB.TECH for each common share of Golden Ocean (subject to rounding), in accordance with the merger agreement.

공고 • Feb 14

CMB NV plans to launch a mandatory public takeover bid to acquire the remaining 42.86% stake in Euronav NV (ENXTBR:EURN) for approximately $1.7 billion.

CMB NV plans to launch a mandatory public takeover bid to acquire the remaining 42.86% stake in Euronav NV (ENXTBR:EURN) for approximately $1.7 billion on November 24, 2023. As on February 13, 2024, CMB NV launched a mandatory public takeover bid to acquire the remaining 42.86% stake in Euronav NV. The Bidder owns 107,905,344 shares or 49.04% stake in Euronav NV. Euronav NV, which is considered to be a person affiliated with the CMB NV, owns 17,790,716 treasury shares or 8.09% stake. Saverco, which is also considered to be a person affiliated with the CMB NV, owns 24,400 shares or 0.01% stake in Euronav NV. On the date of this Prospectus, the CMB NV and the persons affiliated with the CMB NV (i.e. Saverco and the Target) thus jointly own 125,720,460 shares or 57.14% interest in the Euronav NV. The Bid relates to the remaining 94,304,253 shares or 42.86% stake in the Euronav NV, which are not already held by the Bidder or persons affiliated with the Bidder. The Bid Price amounts to $18.43 per Share. On 29 November 2023, Euronav’s supervisory board resolved to distribute a gross dividend of $0.57 per share. Following the payment of this dividend on 20 December 2023, the Bid Price has been reduced by the gross amount of such dividend, resulting in an amount of $17.86 per Share. The acceptance period in respect of the bid will open on February 14, 2024 and close on March 15, 2024. CMB formally notified the FSMA of the Bid on November 24, 2023 and was approved by the FSMA on February 13, 2024. CMB intends to maintain Euronav’s listing on the regulated market of Euronext Brussels as well as on the NYSE, subject to compliance with the NYSE’s continuing listing standards and criteria, and to ensure the liquidity of the share through a sufficiently large free float. Following the change of the name to “CMB.TECH”, the Euronav share will be listed both on the regulated market of Euronext Brussels and on NYSE under trading symbol “CMBT”. The Bid is unconditional and has no intention to launch a simplified squeezeout as it intends to maintain Euronav’s listing on Euronext Brussels and the NYSE. The supervisory board of Euronav has unanimously recommended the offer. The Bidder entered into a bridge facilities agreement with KBC Bank NV, Crédit Agricole CIB, Société Générale, Belfius Bank NV/SA, DNB (UK) Limited, ING Belgium SA/NV, Nordea Bank Abp filial i Norge and Skandinaviska Enskilda Banken AB (publ) on 20 November 2023. All funds required for the payment of the Bid Price are available in the form of the aforementioned irrevocable and unconditional credit facility granted to CMB pursuant to the Facilities Agreement. The Transaction is also subject to important conditions, including the approval by a special general meeting of Euronav’s shareholders and customary waivers of change of control provisions in view of the rollover of certain contracts. Crédit Agricole Corporate and Investment Bank Société Anonyme, KBC Bank Nederland NV and Société Générale Société acted as financial advisor to CMB. Argo Law acted as legal advisor on certain legal aspects to Belgian law and Reed Smith LLP acted as legal advisor on certain legal aspects of the U.S. Law. Linklaters LLP acted as legal advisor to Euronav NV. KBC Bank NV. acted as Centralizing Agent.

이자보상배율	1.9x
현금	US$159.85m
자본	US$3.12b
총부채	US$5.71b
총자산	US$8.83b

데이터	최종 업데이트 (UTC 시간)
기업 분석	2026/09/21 09:44
종가	2026/09/18 00:00
수익	2026/06/30
연간 수익	2025/12/31

패키지	데이터	기간	미국 소스 예시 ^*
기업 재무제표	10년	손익계산서 현금흐름표 대차대조표	SEC 양식 10-K SEC 양식 10-Q
분석가 컨센서스 추정치	+3년	재무 예측 분석가 목표주가	분석가 리서치 보고서 Blue Matrix
시장 가격	30년	주가 배당, 분할 및 기타 조치	ICE 시장 데이터 SEC 양식 S-1
지분 구조	10년	주요 주주 내부자 거래	SEC 양식 4 SEC 양식 13D
경영진	10년	리더십 팀 이사회	SEC 양식 10-K SEC 양식 DEF 14A
주요 개발	10년	회사 공시	SEC 양식 8-K

분석가	기관
David Vagman	BNP Paribas
Lars Kalbakken	Carnegie Investment Bank AB
Christian Wetherbee	Citigroup Inc

Cmb.Tech 대차대조표 건전성

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Recent updates

CMBT: Ammonia-Ready Fleet Expansion And Dividend Outlook Will Shape Future Returns

CMBT: Ammonia-Fuel Vessel Expansion Will Support Higher Margins And Returns

New minor risk - Dividend sustainability

Cmb.Tech Nv Proposes Distribution

Second quarter 2026 earnings: EPS and revenues exceed analyst expectations

Cmb.Tech Secures Fortescue Vessel Deal and Posts $364 Million Q2 Profit With Dividend Proposal

Cmb.Tech NV to Report First Half, 2026 Results on Sep 03, 2026

CMBT: Ammonia-Fuel Partnership Will Support Higher Margins And Future Returns

Consensus EPS estimates increase by 26%

CMBT: Zero Emissions Shipping Agreement And Dividend Outlook Will Shape Returns

Fortescue and Cmb.Tech Sign Charter for 12 Ammonia-Capable Bulk Carriers

Cmb.Tech (ENXTBR:CMBT) Stock Could Be 13.2% Overvalued After Strong Financial Results

CMB.TECH Delivers Record $368.8 Million Q1 Profit With Higher Backlog and Dividend Plan

Cmb.Tech Nv Announces Interim Dividend, Payable on or About 10 June 2026

Cmb.Tech Nv Announces Board Changes

This Just In: Analysts Are Boosting Their Cmb.Tech NV (EBR:CMBT) Outlook for This Year

Cmb.Tech NV Intends to Approve First Payment Out of Share Premium Reserve

New major risk - Revenue and earnings growth

Consensus EPS estimates increase by 30%

Full year 2025 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.11 per share

Tanker And Dry Bulk Order Books Will Restrain Margins While Contract Backlog Supports Stability

Consensus EPS estimates increase by 36%

New minor risk - Earnings quality

Full year 2025 earnings: EPS and revenues exceed analyst expectations

Cmb.Tech Nv Declares Interim Dividend, Payable on or About 27 April 2026

Future Spot Exposure And Tonne Mile Demand Will Support A Stronger Shipping Platform

Revenues Tell The Story For Cmb.Tech NV (EBR:CMBT) As Its Stock Soars 26%

Why Investors Shouldn't Be Surprised By Cmb.Tech NV's (EBR:CMBT) 26% Share Price Surge

Investor sentiment improves as stock rises 19%

Upcoming dividend of US$0.035 per share

Cmb.Tech NV to Report First Half, 2026 Results on Aug 27, 2026

Beyond Lackluster Earnings: Potential Concerns For Cmb.Tech's (EBR:CMBT) Shareholders

Third quarter 2025 earnings: EPS and revenues exceed analyst expectations

Cmb.Tech Nv Proposes Interim Dividend, Payable on or About 15 January 2026

New major risk - Share price stability

Cmb.Tech Nv Announces Supervisory Board and Committee Changes

Upcoming dividend of US$0.035 per share

Cmb.Tech NV(OB:CMBTO) dropped from Oslo OBX Total Return Index

Investor sentiment improves as stock rises 15%

New major risk - Earnings quality

Cmb.Tech NV Announces Supervisory Board Changes

New major risk - Shareholder dilution

Consensus revenue estimates increase by 63%

Cmb.Tech NV (ENXTBR:CMBT) Completed the acquisition of remaining 50.65% stake in Golden Ocean Group Limited (NasdaqGS:GOGL).

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 49%

New minor risk - Profit margin trend

New major risk - Revenue and earnings growth

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Cmb.Tech NV, Annual General Meeting, May 22, 2025

Cmb.Tech NV (ENXTBR:CMBT) signed a term sheet to acquire remaining 50.65% stake in Golden Ocean Group Limited (NasdaqGS:GOGL) for approximately BMD 880 million.

Cmb.Tech NV Announces Resignation of Mr. Patrick Molis as Independent Member of the Supervisory Board

Consensus EPS estimates fall by 16%

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Cmb.Tech NV (ENXTBR:CMBT) entered into a share purchase agreement to acquire a 40.8% stake in Golden Ocean Group Limited (NasdaqGS:GOGL) from Hemen Holding Limited for $1.2 billion.

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

New major risk - Share price stability

Cmb.Tech NV to Report Q1, 2025 Results on May 14, 2025

Now 20% overvalued

New minor risk - Share price stability

CMB NV completed the acquisition of additional 0.8% stake in Cmb.Tech NV (ENXTBR:CMBT) for $19.9 million.

Third quarter 2024 earnings released: EPS: US$0.51 (vs US$0.57 in 3Q 2023)

Consensus revenue estimates increase by 21%

Consensus EPS estimates increase by 59%

Second quarter 2024 earnings released: EPS: US$0.95 (vs US$0.80 in 2Q 2023)

Consensus revenue estimates increase by 11%

Now 24% overvalued

Euronav NV Approves Intermediary Dividend

Investor sentiment deteriorates as stock falls 19%

First quarter 2024 earnings released: EPS: US$2.46 (vs US$0.87 in 1Q 2023)

Full year 2023 earnings: EPS exceeds analyst expectations

New minor risk - Share price stability

Consensus revenue estimates increase by 12%

Investor sentiment deteriorates as stock falls 20%