Hafnia Agrees to Buy 1.7M TORM Shares at $34 Each
Upon completion, Hafnia will hold approximately 19.85% of TORM, with the purchase funded using cash on hand and available credit facilities.
Rhea-AI Filing Summary
Hafnia Limited (HAFN) has agreed to acquire 1,700,000 A shares in TORM plc at USD 34.00 per share. The shares represent 1.66% of TORM’s issued and outstanding share capital as of September 24, 2026. Upon completion, Hafnia will hold approximately 19.85% of TORM’s issued and outstanding share capital.
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Filing Explained
Hafnia says the agreed TORM share purchase will use cash on hand and available credit facilities, so the stated funding combines existing cash resources with borrowing capacity rather than identifying cash as the sole source.
Key Figures
Key Terms
available credit facilities financial
FAQ
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What percentage of TORM will HAFN hold after the acquisition?
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