GasLog (GLOG) Reports In-Line Q4 EPS, Revenues Beat
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February 22, 2021 4:30 PM EST
Clarksons Platou analyst Omar Nokta downgraded GasLog Ltd. (NYSE: GLOG) from Buy to Neutral with a price target of $6.00.
The analyst comments "asLog announced today it has reached an agreement to take the company private with Blackrock's Global Energy & Power Infrastructure... More
February 22, 2021 6:51 AM EST
(Updated - February 22, 2021 6:53 AM EST)
GasLog Ltd. (GasLog) (NYSE: GLOG) today announced that it has entered into an agreement and plan of merger (the Merger Agreement) with BlackRocks Global Energy & Power Infrastructure team (collectively, GEPIF), which is focused on essential, long-term infrastructure investments in the energy and power sector. Under the Merger Agreement, GEPIF will acquire all of the outstanding common shares of GasLog that are not held by certain existing shareholders of GasLog, including Blenheim Holdings Ltd., which is wholly owned by the Livanos family, and a wholly owned affiliate of the Onassis Foundation (collectively, the... More
