No, we are not talking about Superman, but if that was your guess you were close. In fact, we are referring to John Fredriksen, who may be, in financial circles, more powerful than Superman. On Wednesday, Frontline announced the acquisition of five suezmax tankers and the intention to partially finance them with a private placement of new shares. The private placement was successfully completed today in less than 24 hours.
This is only an excerpt of Faster Than a Speeding Bullet, More Powerful Than a Locomotive, and Able to Leap Tall Buildings in a Single Bound”
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Tags: · Carnegie ASA, Dahlman Rose & Co., DnB NOR Markets, Eigir Shipping, Fearnley Fonds, Frontline, Hemen Holding Limited, John Fredriksen, Mr. Arntzen, Top Ships Inc
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