Dorian LPG (LPG) approached by BW LPG (BWLLF)

  • May 30, 2018

POTENTIAL DEAL DETAILS

StockDorian LPG Ltd.SymbolLPG
Date Announced05/29/2018Source Press release
TypeUnsolicited BidAcquiring Company/Person BW LPG Limited

BW LPG Limited (BWLLF) today announced a proposal to combine with Dorian LPG Ltd. (LPG) in an all-stock transaction.

Update(s):

July 09, 2018: BW LPG Limited (BWLLF)  today announced that it has increased its all-stock proposal to combine with Dorian LPG Ltd. (LPG), under which Dorian shareholders would receive 2.12 BW LPG shares for each Dorian share.

October 03, 2018: BW LPG Limited (BWLLF) today announces that it withdraws its proposal to combine with Dorian LPG Ltd. (LPG) due to Dorian’s continued refusal to give a meaningful response to BW LPG’s outstanding proposal, engage in constructive two-way discussions, or schedule its annual meeting.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.