John Fredriksen will not be rushing in with another bid for DHT Holdings but he is tantalizingly leaving the door open for a second approach.
Fredriksen’s Frontline saw a $475m all-shares offer shot down by DHT, with the target’s board saying the package on the table was “wholly inadequate”.
Fredriksen says Frontline does not have any intention of increasing the offer, at “least not for now”.
