Saverys family to take Exmar shipping company private

The Saverys shipping family wants to delist Belgian gas ship owner and infrastructure provider Exmar via a takeover bid. The family plans to make an offer of 12.10 euros per share, almost a quarter more than the share price on Friday evening, Exmar reports.

Exmar CEO and Managing Director Nicolas Savereys already controls almost half of the shares, mainly through his holding company Saverex. Exmar's board of directors supports and recommends the offer.

The offer comes after the stock was rediscovered, writes De Tijd. Thanks to the lucrative sale of its floating LNG plant Tango, Exmar became one of the best-performing stocks on the Brussels stock exchange in 2022.

^{Former King Albert II of Belgium and Exmar CEO and Managing Director Nicolas Saverys during a 2009 visit to the Royal Belgian Shipowners Association in Antwerp, Belgium © BELGA PHOTO DIRK WAEM}