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Stolt-Nielsen ( (SOIEF) ) has provided an update.
Stolt-Nielsen Limited, through its subsidiary Stolt-Nielsen Gas Ltd., is set to acquire a significant controlling share in Avenir LNG Limited, a leader in small-scale LNG supply. This strategic investment is aimed at strengthening Stolt-Nielsen’s position in the LNG sector and enhancing their commitment to sustainable energy solutions. The completion of this acquisition will enable Stolt-Nielsen to expand its influence in the maritime, industrial, and power generation markets, while Avenir LNG will continue to advance its strategy of becoming a leading small-scale LNG shipping and trading company.
More about Stolt-Nielsen
Stolt-Nielsen Limited is a long-term investor and manager with a focus on logistics, distribution, and aquaculture opportunities. Their 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. The company is listed on the Oslo Stock Exchange.
YTD Price Performance: -8.32%
Average Trading Volume: 1,734
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.32B
See more insights into SOIEF stock on TipRanks’ Stock Analysis page.
