Hegnar is teaming up with board member and Norwegian investor Petter Stordalen to form bidding vehicle Silk Bidco with European fund TDR Capital.
The cash offer for 100% of the shares has been recommended by the shipowner’s independent directors.
Shareholders will receive NOK 7 per share, representing a premium of 55.9% to the closing price on 28 October and as much as 76.6%
