BW Group Limited entered into a definitive agreement to acquire BTS Tanker Partners LLC from The Blackstone Group L.P. (NYSE:BX), Paul Hartmann AG (DB:PHH2) and Tufton Oceanic Finance Group on July 9, 2018. In a related transaction, BW Group Limited entered into a definitive agreement to acquire additional stake in Hafnia Tankers Ltd. from certain funds managed by The Blackstone Group L.P. Through the transactions, BW Group Limited will acquire additional 36.3% stake in Hafnia Tankers Ltd. and will own 43.5% stake upon completion.
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- BW Group Limited entered into a definitive agreement to acquire BTS Tanker Partners LLC from The Blackstone Group L.P. (NYSE: BX), Paul Hartmann AG (DB