Torm to buy eight product tankers in $340M cash and stock deal (NASDAQ:TRMD)
2024-07-15
Angel Di Bilio/iStock Editorial via Getty Images Tanker owner Torm (NASDAQ:TRMD) +1.5% in early trading Monday after saying it agreed to buy eight second-hand MR vessels from an unnamed seller in a cash and stock deal valued at $340M. Under the deal terms, Torm (TRMD) will pay $238M in cashContinue Reading