Euronav agrees deal to acquire CMB.TECH

Euronav, the tanker operator and owner, has taken a step towards diversifying into the alternative fuel sector after announcing that it has agreed to buy CMB.TECH, the cleantech subsidiary partially owned by CMB, in a deal valuing the business at EUR1.1 billion.

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Euronav, the tanker operator and owner, has taken a step towards diversifying into the alternative fuel sector after announcing that it has agreed to buy CMB.TECH, the cleantech subsidiary partially owned by CMB, in a deal valuing the business at EUR1.1 billion.