Nordic American Tankers Limited (NYSE:NAT) Increased ownership in Nordic …
HAMILTON, Bermuda, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Nordic American Tankers Limited ("NAT") announced that it has today entered into an agreement to purchase 1,521,300 shares in Nordic American Offshore Ltd. ("NAO"), increasing the NAT shareholding in NAO from 4,496,980 to 6,018,280 shares or from 19.8% to 26.5% ownership, which was the NAT ownership in NAO when the latter company was established in the autumn of 2013 and listed on the Oslo OTC (over-the-counter) exchange. The NAO shares were bought Read more [...]