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 . In another move, Team Tankers’ CEO Hans Feringa has resigned from the board of NORDEN, as the purchase means that Team Tankers becomes a potential competitor to NORDEN. 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 - 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 .