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Cool Company Ltd ( (CLCO) ) just unveiled an update.
On September 24, 2025, Cool Company Ltd announced an agreement in principle for a potential acquisition by EPS Ventures Ltd, which already owns 59.3% of CoolCo’s shares. The proposed transaction would see EPS acquire the remaining shares for $9.65 each, representing a significant premium over recent share prices. If successful, CoolCo would be delisted from major stock exchanges. The deal is expected to close by early 2026, pending necessary approvals. The transaction highlights CoolCo’s strategic positioning and commitment to shareholder value amidst challenging market conditions.
The most recent analyst rating on (CLCO) stock is a Hold with a $9.65 price target. To see the full list of analyst forecasts on Cool Company Ltd stock, see the CLCO Stock Forecast page.
More about Cool Company Ltd
Cool Company Ltd, known as CoolCo, operates in the LNG Carrier industry with a fleet of 13 vessels. The company has a balanced portfolio of short- and long-term charters with leading oil & gas, trading, and utility companies. CoolCo focuses on organic growth and vessel acquisitions, supported by its affiliation with Eastern Pacific Shipping, enhancing its strategic position.
Average Trading Volume: 79,635
Technical Sentiment Signal: Buy
Current Market Cap: $500.1M
Find detailed analytics on CLCO stock on TipRanks’ Stock Analysis page.