Report
Thijs Berkelder

Euronav : Awaiting new adjusted listing revival plan for CMB.TECH

>Mandatory bid period has ended: CMB / Saverco now at 88.61% - CMB from 53% to 88.6%. On Monday evening, Euronav confirmed that the acceptance period of the mandatory public takeover bid launched by CMB NV expired on 15 March 2024. During the acceptance period, 69,241,955 shares in Euronav, representing 31.47% of the outstanding shares in Euronav, were tendered into the bid. As a result, CMB NV will hold a total of 177,147,299 shares in Euronav, representing 80.51% of...
Underlying
Euronav NV

Euronav is a provider of maritime shipping and offshore services engaged primarily in the transportation and storage of crude oil. As of Apr. 4, 2017, Co. owned and operated a modern fleet of 55 vessels (including four chartered-in vessels) with an aggregate carrying capacity of approximately 13.7 million deadweight tons, or dwt, consisting of 31 very large crude carriers, one ultra large crude carrier, 21 Suezmax vessels, and two floating, storage and offloading vessels. Co. has two operating segments: the operation of crude oil tankers on the international markets (tankers) and the floating production, storage and offloading operations.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Thijs Berkelder

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