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Mergers & Acquisitions ·

Hafnia agrees to acquire 1.66% stake in TORM for $57.8M at $34 per share

HAFNHafnia Ltd

Hafnia Limited agreed to acquire 1,700,000 A shares of TORM plc at USD 34.00 per share on September 24, 2026. This transaction represents 1.66% of TORM's issued and outstanding share capital. Upon completion, Hafnia will hold approximately 19.85% of TORM. The purchase is funded using cash on hand and available credit facilities. Hafnia operates in the shipping industry as a leading tanker owner transporting oil, products, and chemicals.

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