Stolt-Nielsen ( (SOIEF) ) has issued an update.
Stolt-Nielsen Limited has completed a transaction to acquire more than 95% of Avenir LNG Limited’s shares, enabling a compulsory acquisition of the remaining shares. This move allows Stolt-Nielsen to consolidate its holdings and pursue a delisting of Avenir LNG from Euronext N-OTC, potentially impacting stakeholders by streamlining operations and focusing on strategic growth.
More about Stolt-Nielsen
Stolt-Nielsen Limited is a long-term investor and manager of businesses focused on logistics, distribution, and aquaculture. The company’s portfolio includes global bulk-liquid and chemicals logistics businesses such as Stolt Tankers, Stolthaven Terminals, and Stolt Tank Containers, as well as Stolt Sea Farm and various investments. Stolt-Nielsen is listed on the Oslo Stock Exchange.
YTD Price Performance: -9.97%
Average Trading Volume: 1,833
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.26B
For an in-depth examination of SOIEF stock, go to TipRanks’ Stock Analysis page.