The deal puts Frontline at a valuation of about $3.725 billion.
Related Posts
Boeing’s $6bn Jeppesen Sale: Navigating Shifts in Aviation Tech
Strategic Divestment: Boeing's potential $6 billion sale of Jeppesen, its navigation unit, signals a strategic move to optimize operations and financial health amidst evolving aviation industry...
$1.5 Billion Refuel Sale Amidst Convenience Store Consolidation Boom
Strategic Opportunity: Refuel, a 230-store convenience chain, is exploring a potential $1.5 billion sale by its private equity owner First Reserve, capitalizing on industry consolidation trends....
Partners Group Mulls Stake Sale in €5bn ISP Amid Education Asset Demand
Strategic Stake Sale: Partners Group, a leading private equity firm, is considering selling a stake in its €5 billion International Schools Partnership (ISP) amid growing investor demand for...
Blackstone’s Tactical Opportunities Reshuffle: Expanding Investment Horizons and Leadership Changes
Leadership Reshuffle: Blackstone reshuffles leadership of its Tactical Opportunities platform, appointing Chris James as Global Head, succeeding David Blitzer. Strategic Significance: The Tactical...