OB:BWLPGOil and Gas
BWG Takeover Rules Clarified As Valuation Gap And Risks Draw Focus
BW LPG Limited, trading as BWG (OB:BWLPG), has received formal clarification on takeover rules.
Singapore authorities have granted a waiver from Singapore's takeover code.
U.S. and Norwegian takeover regulations will continue to apply, after the Norwegian regulator chose not to grant an exemption.
For you as an investor looking at BWG at NOK139.4 per share, this is essentially an update on the rulebook that would apply in any future takeover situation. The stock has delivered a 21.0% return...