BW LPG Agrees to Sell Former Avance Gas VLGC for $17M Gain

BW LPG (NYSE: BWLP) announced it has agreed to sell the Very Large Gas Carrier 'BW Levant,' acquired in its 2024 takeover of Avance Gas, to an unnamed buyer. The transaction is expected to result in a gain and contributed to a 3.5% rise in stock price on Monday.

By Carl Surran, SA News Editor · Seeking Alpha ·

BW LPG Agrees to Sell Former Avance Gas VLGC for $17M Gain

Topics: asset sale Avance Gas acquisition BW LPG

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