BW trims Navigator Gas stake in $140m share sale

Singapore’s BW Group has sold down more than half of its stake in New York-listed gas carrier owner Navigator Gas, offloading 8m shares in a deal worth about $140m. The Andreas Sohmen-Pao-led group, previously one of the largest shareholders in the handysize LPG carrier specialist, offered the shares at $17.50 apiece, representing roughly 12.3% of …

splash247