Benzinga

JANUARY 10, 2023

Frontline Ltd (NYSE: FRO ) shares are trading higher Tuesday after the company announced termination of its combination agreement with Euronav. What To Know: Frontline has terminated the combination agreement it entered into with Euronav in July 2022. Frontline will also no longer seek a listing on Euronext Brussels.

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52

Law 360 M&A

JANUARY 9, 2023

Oil tanker company Frontline Ltd. said on Tuesday that it has backed out of a stock merger deal with rival Euronav NV, an arrangement that would have created a global shipping business with a market capitalization of more than $4 billion.

Market Capitalization 52

Market Capitalization Marketability 52

Law 360 M&A

JANUARY 11, 2023

International crude oil tanker company Euronav NV said Wednesday it is willing to enter arbitration or pursue litigation against Frontline Ltd. over the termination of their proposed stock merger deal to protect its shareholders.

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Law 360 M&A

APRIL 7, 2022

Crude oil tanker transportation and storage businesses Frontline Ltd. and Euronav NV said Thursday they have agreed to potentially combine in an all-stock transaction creating a company with a market capitalization of $4.2 billion, in a deal guided by five law firms, including Freshfields and Scandinavian law firm Schjødt.

Market Capitalization 40

Market Capitalization Marketability 40