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Big financial maneuvers at shipping company Euronav, which came back under the control of the founding business family Saverys after a power struggle.

In the news: Euronav announces plans to pay out $4.57 per share through the combination of a dividend and repayment of the share premium. That will give the controlling Saverys family, which owns 88 percent of the company after its takeover bid, 741 million euros.

More context: Some three-quarters of Euronav shareholders sold their shares to the Compagnie Maritime Belge (CMB) and the Saverys family in that takeover bid, making the company largely a family-run business again.

But: It is far from the case that the Antwerp family can recover all its costs on the Euronav takeover. The final bill for the family at the end of the ride amounts to a sloppy 720 million euros, De Tijd calculated.

That too: As a result of the takeover bid, Euronav disappeared from the Bel20, the star index of the Brussels stock exchange, on Wednesday morning after only two days. After all, there are too few freely tradable shares left. As a result, the Bel20 remains a Bel19 until June 21. Possibly Colruyt will then take the vacant seat.

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