Beltest approached for 32.2% share in TORM

Beltest approached for 32.2% share in TORM Greek investment holding company Beltest Shipping Co. Ltd., specializing in shipping investments, has responded to 'persistent rumors in the market,' saying it has been approached about selling its majority shareholding in Danish tanker firm A/S Dampskibsselskabet TORM.
   'If Beltest receives any unsolicited offer(s) for its 32.22 percent shareholding in TORM, it will investigate them and for the sake of the smooth operation of TORM, these investigations will be finalized within the next two weeks,' said Nicos Zouvelos, Beltest’s general manager.