Future twists and turns in a $1.1bn takeover battle between the world’s two largest VLGC owners could be guided by an investment of less than $1,000.
BW Group has been a shareholder in Dorian LPG for several years and this week Oslo-listed BW LPG tabled a second takeover offer for its rival.
Alongside its latest offer the BW camp has called for seats on the Dorian LPG board, which has previously rejected its advances as not in the best interests of the company.
