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Bullish Case: CMB's commitment to Euronav showcases its potential as a 'green shipping platform', poised to capitalize on eco-friendly industry trends and promising long-term decarbonisation projects.


Bearish Case: Persistent legal challenges by FourWorld may increase costs, erode investor confidence, and delay or obstruct CMB’s acquisition of Euronav, pressuring share prices.


Potential Outcomes: Probability of resolving legal hurdles favorably stands at 60%; 30% chance legal issues continue causing stagnation; 10% risk of acquisition failure with negative pressure on prices.


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April 11, 2024


Euronav Forecast

EURN        Euronav
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











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