Team Tankers has announced the completion of its purchases of Laurin Shipping and Anglo - Australian Shipping . In terms of the purchase price , prices payable at auction for shares in the acquired companies were estimated at $ 10.4 m and $ 55.3 m respectively . A total of 21,096,099 new shares have been issued by Team Tankers , with a preliminary closing price of $ 50 per share .
Team Tankers has announced the completion of its purchases of Laurin Shipping and Anglo-Atlantic Steamship. In terms of the purchase cost, prices payable at closing for shares in the acquired companies were estimated at $10.4m and $55.3m respectively. A total of 21,096,099 new shares have been issued by Team Tankers, with a preliminary subscription price of $2 per share.