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Fredriksen continues Euronav stock spree, taking ownership close to 23%

All eyes will be on Euronav chief Hugo De Stoop next week when he will host Euronav’s fourth-quarter results conference call and likely face some difficult questions amid arbitration proceedings and a board takeover bid from the Saverys family

Another week of share purchases via his holding companies has seen John Fredriksen amass a further 4.5m Euronav shares at a cost of $72m. He now owns 22.6%, not far off the Saverys 25% stake that blocked a merger with Frontline

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