POTENTIAL DEAL DETAILS
Stock | Dorian LPG Ltd. | Symbol | LPG |
Date Announced | 05/29/2018 | Source | Press release |
Type | Unsolicited Bid | Acquiring 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.
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