Hafnia acquired 4.5M TORM shares for $145M, raising its stake to 18.22% and becoming TORM's largest shareholder. This move triggered a 6.5% surge in TORM's stock price and renewed merger speculation, as Hafnia advocates for industry consolidation. Analysts view this as strategic accumulation by a consolidator while financial investors reduce positions.
Hafnia to buy 4.5M TORM shares, lifting stake above 18%
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