EPS to take CoolCo private in $9.65 per share buyout

Eastern Pacific Shipping’s investment arm is set to take LNG carrier owner Cool Company (CoolCo) private, offering $9.65 per share in cash in a deal that values the listed pure-play at a 26% premium. CoolCo’s board confirmed today it had unanimously approved the merger of a newly formed EPS Ventures subsidiary with CoolCo, following a …

splash247