Thommessen is acting for Avance Gas in connection with the voluntary exchange offer to acquire all the shares in Aurora LPG Holding ASA.
Aurora LPG is listed on Oslo Axess. The exchange offer values Aurora LPG to approximately NOK 1.7 billion. The combined group will be the owner and operator of the world's second largest VLGC fleet of 23 ships when all the newbuildings have been delivered under Aurora LPG newbuilding programme (expected by Q3 2016).
Avance Gas is one of the world’s leading owners and operators of VLGCs and Thommessen also acted for the company in connection with the listing of the company on Oslo Børs in April 2014.
Matter Type
M&A: Acquiror's Counsel
Industry
Energy & Utilities
News Category
M&A
Energy, Utilities & Natural Resources