Hafnia Increasing Shareholding in TORM; Shares Down Pre-Bell

MT Newswires Live

09/24

Hafnia (HAFN) has agreed to buy 1.7 million additional class A shares of TORM (TRMD) at $34 apiece, Hafnia said Thursday.

Following completion, Hafnia will hold nearly 20% of TORM's issued and outstanding share capital.

Hafnia shares were down 4.6% in premarket activity, while TORM rose 0.6%.

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