According to a filing with the Oslo Stock Exchange, Fredriksen's Geveran Trading has grown its interest in Flex to 68,306,178 shares, equal to a 53.9% stake.
On 19 November, Geveran made a mandatory offer to acquire all shares of Flex, which has a pair of 174,000-cbm LNG carriers under construction at Samsung Heavy Industries.
Geveran was the largest shareholder of the company even before the latest transaction.
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