If the rumour is true the hedge fundwill be left with a 14% stake in the New York-listed LPG carrier operator whenthe transaction is sealed next month.
These reports, which come from reputablemarket sources, also suggest that Kensico is poised to surpass WellingtonManagement as Dorian LPG’s largest shareholder.
Industry observers say they are not surprised to hear that the firm may be lifting its stake in the Connecticut-basedowner and believe the transaction serves as a testament to the insatiableappetite for stocks that offer investors exposure to the gas segment.
In
