Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

SFL Agrees To Acquire Three New LR2 Product Tankers For $230M, Secures Long-Term Charters With Leading Energy Company

Author: Charles Gross | March 20, 2024 06:53am

SFL Corporation Ltd. (NYSE:SFL) (“SFL” or the “Company”) announced today that it has agreed to acquire three new LR2 product tankers for an aggregate purchase price of approximately $230 million in combination with long term time charters to a world-leading energy and commodities company.

The vessels are currently under construction in China, with the latest eco-design features. The sellers are affiliates of the Company’s largest shareholder Hemen Holding Ltd, and the purchase price is in line with valuations by independent shipbrokers.

Posted In: SFL

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist