Cypriot billionaire John Fredriksen's family-backed tanker firm buys rival for $370 million
Billionaires Africa | 17.10.2026 06:10
International Seaways Inc., the New York-listed tanker company whose largest shareholder is a group of trusts set up by Norwegian-born Cypriot shipping billionaire John Fredriksen, has agreed to buy Oslo-listed Bruton Ltd. in a deal that values the supertanker owner at about $370 million.
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