Diana Shipping Sells $32m of Genco Stock After Takeover Bid Collapses
Diana Shipping has sold 1.2m Genco Shipping & Trading shares for just over $32m following the collapse of its nine-month takeover campaign, cutting its stake to 11.62%.
NYK to take dry bulk affiliate NS United private in $1bn deal
Nippon Yusen Kaisha has set out a two-stage transaction worth close to $1bn to take its dry bulk affiliate NS United Kaiun private and lift its holding to 83.33%.
Diana Shipping threatens to cut Genco takeover price
The Athens-based owner cites a $50 million drop in its US rival's fleet value since early June to justify a potentially lower offer.
Diana Shipping lets Genco tender expire but keeps takeover bid alive
Diana Shipping has let its hostile tender offer for Genco Shipping expire, but its $27.34-per-share takeover proposal for the US dry bulk owner remains on the table.
Diana extends its tender offer in Genco takeover push
Diana Shipping has extended its tender offer for Genco Shipping & Trading to late July, keeping its takeover push alive after a modest increase in shareholder support.
Thomas Miller shareholders back UK Club and TT Club takeover
UK P&I Club and TT Club have won strong shareholder support for their acquisition of Thomas Miller Holdings, with acceptances now above 89%.
Never miss a move
Maritime, in motion. In your inbox.
The vessel sales, incidents, and market moves worth knowing, sent as they happen.