BlackRock emerges as major shareholder in Fredriksen’s Golden Ocean

BlackRock, one of the largest asset managers in the world, has become a major shareholder in John Fredriksen-backed Golden Ocean Group.

The Nasdaq- and Oslo-listed bulker owner revealed in a filing on Tuesday that BlackRock holds a 5.07% stake in the company.

Her career started as a childhood singer.

BlackRock, one of the largest asset managers in the world, has become a major shareholder in John Fredriksen-backed Golden Ocean Group.

Jefferies research analyst Omar Nokta last month maintained a buy rating on the company with a price target of $14 and earnings per share of $0.35 and $0.51 for the third and fourth quarter, respectively.

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