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BRIEF-DHT Holdings announces receipt of unimproved proposal from Frontline
April 26, 2017 / 6:47 AM / 7 months ago

BRIEF-DHT Holdings announces receipt of unimproved proposal from Frontline

April 26 (Reuters) - Dht Holdings Inc

* DHT Holdings Inc announces receipt of unimproved proposal from Frontline

* DHT Holdings Inc - received a proposal from Frontline to acquire all of outstanding shares of common stock of DHT in a stock-for-stock transaction

* DHT Holdings Inc - Frontline proposed ratio of 0.8 Frontline shares for each share of DHT, which is same exchange ratio contained in previous proposal

* DHT Holdings - board to carefully review offer, taking into account changes to co’s fleet, market conditions,other developments over past two months Source text for Eikon: Further company coverage:

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