BW LPG To Sell The 2007-Built BW Birch; Expected To Generate A Net Book Gain Of ~$37M And Net Cash Proceeds Of ~$64M
BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") is pleased to announce that its 52%-owned subsidiary, BW LPG India, has entered into an
BW LPG is selling one of its ships and will make about $37 million in profit from the sale, plus get $64 million in cash. This shows the company is getting money by selling assets—which can help pay bills or invest in new things.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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