Shareholder Shift
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TORM plc: Significant Shareholder Update
Hafnia Limited has acquired Oaktree’s stake in TORM plc, a major player in the refined oil product tanker market. This significant shareholder shift triggers a review of TORM’s Articles of Association, leading to the deactivation of certain governance provisions and the redemption of B and C shares. The transaction signifies consolidation within the tanker industry, with potential strategic implications for TORM’s future operations and market positioning.
