Singapore's BW Group has boosted its stake in Epic Gas to 82.87% after another stock deal.
LPG carrier owner Epic said BW had bought 207,497 shares for $1.66 each, a total of $344,000.
This is the same price paid in the takeover offer that ended on 16 April.
BW Group now owns 58.4m Epic shares.
Following the ending of the voluntary offer, BW had a holding of 68.82%.
BW bought 54.7% of Epic for about $50m on 19 March.
This initial deal included the purchase of all of the shares held by certain affiliates of Jefferies Financial Group and DVB SIIM.
It continued a busy period for the Singaporean group which has been blazing a merger-and-acquisition trail with successful deals in the product and chemical tanker markets over the past year.
