Conyers Dill & Pearman has advised Jefferies Financial Group on the sale of its stake in Epic Gas to BW Group. The sale was immediately followed by a tender offer by BW Group for all the remaining issued shares of Epic Gas.
Epic Gas, which is listed on the Merkur market in Oslo, is the owner and operator of a fleet of vessels for the transportation of liquefied petroleum gas and petrochemicals. BW Group is a global maritime group involved in shipping, floating gas infrastructure and deepwater oil and gas production with a fleet of over 165 vessels.
The transaction underscores Conyers’ leading position in advising on takeovers of BVI listed companies, having advised on nine out of the last ten takeovers of public BVI companies.
Anton Goldstein, Rachael Pape and Isabel Dwan of Conyers’ BVI office advised on the matter working alongside Morgan Lewis.