Höegh LNG seeks new CEO as Sveinung J. S. Støhle steps down after 15 years to take new job overseas
Höegh LNG Holdings, the Norwegian shipping company acquired in a takeover by Norwegian interests and a unit of US investment bank Morgan Stanley and de-listed, said it was seeking a new Chief Executive and President after Sveinung J. S. Støhle said he was stepping down after 15 years in charge.
Höegh LNG acquisition by Morgan Stanley and Norwegian interests approved by shareholders in Bermuda
Höegh LNG Holdings, the floating terminal projects company with 12 vessels and contracts for China and India, has been acquired in a takeover by Norwegian interests and a unit of US investment bank Morgan Stanley after a vote by shareholders held in Bermuda.
Höegh LNG merger with Morgan Stanley is opposed by key Spanish shareholder ahead of Bermuda vote
A Spanish equity fund, which holds a 15 percent stake in Norwegian LNG fleet owner Höegh LNG Holdings, said it planned to vote against the takeover offer led by Morgan Stanley and Höegh family interests at a meeting scheduled for March 30 at Höegh’s registered office in Bermuda.
Norway’s Höegh LNG is latest fleet owner to be targeted for merger with Wall Street banking interests
Höegh LNG, the Norwegian LNG fleet owner and floating terminal projects company with vessel contracts for China and India, said it planned to merge with funds managed by Morgan Stanley Infrastructure Partners in the latest carrier shipping fleet to be targeted by Wall Street banking interests.
