Saverys family raises Euronav stake to 24%
Belgian shipping family behind CMB have again upped their stake in Euronav, further consolidating their opposition to the planned merger with John Fredriksen’s Frontline
Having built up a near 24% stake in Euronav, the Saverys’ shareholding continues to present a problem for Euronav’s plan to complete a full merger, which would require 75% of shareholders to agree