STOCK TITAN

International Seaways lists Bruton merger agreement

Bruton Limited's meeting notice, dated merger agreement and board-addressed fairness opinion are among the materials listed in the notification.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
CB

Rhea-AI Filing Summary

International Seaways, Inc. (INSW) filed a tender-offer/rights-offering notification listing a statutory merger agreement dated October 16, 2026, among International Seaways, Bravo Ltd. and Bruton Limited.

The listed Bruton Limited materials include notice of a special general meeting scheduled for October 30, 2026, and a Pareto Securities AS fairness opinion dated October 15, 2026, addressed to Bruton Limited’s board.

Filing Explained

The Form CB lists the merger agreement and Bruton’s October 30 meeting notice, but gives “N/A” for the offer’s commencement date; it documents transaction materials, not that a tender offer or rights offering has begun, so no resulting change in common-share ownership is established here.

Merger agreement date October 16, 2026 Statutory merger agreement among International Seaways, Bravo Ltd. and Bruton Limited
Special general meeting date October 30, 2026 Bruton Limited meeting notice
Fairness opinion date October 15, 2026 Pareto Securities AS opinion addressed to Bruton Limited's board
Statutory Merger Agreement regulatory
"Statutory Merger Agreement, dated October 16, 2026"
fairness opinion financial
"Fairness opinion of Pareto Securities AS"
A fairness opinion is a professional assessment that evaluates whether the terms of a financial deal, such as a merger or acquisition, are fair from a financial point of view. It helps investors and stakeholders understand if the deal is reasonable and balanced, much like an independent expert giving an unbiased judgment on whether a price or agreement is fair. This assurance can increase confidence that the transaction is fair for all parties involved.
Tender Offer/Right Offering regulatory
"FORM TENDER OFFER/RIGHTS OFFERING NOTIFICATION FORM"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Which parties are named in INSW's merger agreement with Bruton Limited?

The agreement is dated October 16, 2026, and names International Seaways, Inc., Bravo Ltd. and Bruton Limited as parties.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM CB

 

TENDER OFFER/RIGHTS OFFERING NOTIFICATION FORM

 

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to file this Form:

 

Securities Act Rule 801 (Rights Offering) ¨
Securities Act Rule 802 (Exchange Offer) x
Exchange Act Rule 13e-4(h)(8) (Issuer Tender Offer) ¨
Exchange Act Rule 14d-1(c) (Third Party Tender Offer) ¨
Exchange Act Rule 14e-2(d) (Subject Company Response) ¨

 

Bruton Limited

(Name of Subject Company)

 

N/A

(Translation of Subject Company’s Name into English (if applicable))

 

Bermuda

(Jurisdiction of Subject Company’s Incorporation or Organization)

 

International Seaways, Inc.

(Name of Person(s) Furnishing Form)

 

Common Shares

(Title of Class of Subject Securities)

 

N/A

(CUSIP Number of Class of Securities (if applicable))

 

Bruton Limited

Attn: Bjørn Isaksen, Director and Chairman

c/o Golar Management (Bermuda) Ltd, 2nd Floor, S.E. Pearman Building, 9 Par-la-Ville Road

Hamilton HM11 Bermuda

+1 (441) 500-4754

 

with copies to:

 

International Seaways, Inc.

Attn: James D. Small III

600 Third Avenue, 39th Floor

New York, New York 10016

+1 (212) 576-1600

 

Wachtell, Lipton, Rosen & Katz

Attn: John L. Robinson, Esq.

51 W. 52nd Street

New York, New York 10019

+1 (212) 403-1000

 

Ro Sommernes Advokatfirma AS

Attn: Erling Lind and Håkon Hellerud

Hieronymus Heyerdahls gate 1

0160 Oslo, Norway

+47 23 00 34 40 

(Name, Address (including zip code) and Telephone Number (including area code)

of Person(s) Authorized to Receive Notices and Communications on Behalf of Subject Company)

 

N/A

(Date Tender Offer/Rights Offering Commenced)

 

 

 

 

 

PART I – INFORMATION SENT TO SECURITY HOLDERS

 

Item 1. Home Jurisdiction Documents

 

(a)

 

Exhibit
Number
Description
Exhibit 99.1 Notice of Special General Meeting of Bruton Limited to be held on October 30, 2026
Exhibit 99.2 Statutory Merger Agreement, dated October 16, 2026, by and among International Seaways, Inc., Bravo Ltd. and Bruton Limited
Exhibit 99.3 Fairness opinion of Pareto Securities AS, dated October 15, 2026, addressed to the Board of Directors of Bruton Limited

 

(b) Not applicable.

 

Item 2. Informational Legends

 

The required legends have been included in the documents filed as exhibits hereto.

 

PART II – INFORMATION NOT REQUIRED TO BE SENT TO SECURITY HOLDERS

 

Not applicable.

 

PART III – CONSENT TO SERVICE OF PROCESS

 

Not applicable.

 

 

 

 

PART IV – SIGNATURES

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

  International Seaways, Inc.
     
Date: October 16, 2026 By: /s/ James D. Small III
    Name: James D. Small III
    Title: Chief Administrative Officer, Senior Vice President, Secretary and General Counsel   

 

 

 

Keep reading