Private equity hires prompt speculation over future of Fredriksen empire
Famously known for making decisions based on his gut, rather than spreadsheets, the billionaire first suggested he was ready to wind down his involvement in shipping two years ago but has given little clues on the timing since then
Funds have started circling with interest after John Fredriksen, one of the last of shipping’s true tycoons, hired in fund managers to restructure his empire away from shipping
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