BW Group has made at least $50m in retreating from Dorian LPG after its failed takeover bid.
This week, the Andreas Sohmen-Pao-led shipping conglomerate disclosed six block sales of Dorian shares stretching back to 11 December, netting the company roughly $15.4m, with the highest weighted average price coming in at $16.16 Tuesday.
BW Group began winding down its holdings in the Connecticut-based, New York-listed gas carrier owner over the summer, whittling down its position from 14.2%
