Navios Selling, Selling Navios
There’s been a lot of buzz in the ship finance world this week about Lazard’s auction of Connecticut-based Navios Corporation. For those that missed it, Navios major shareholders, which are comprised of the company’s management, the Leventis Group of Greece and Saltchuk of Seattle, together hired investment bank Lazard Freres to sell the asset-light dry bulk owner operator a few months ago, and as bids came in late last week the market was aflutter with speculation and excitement.
This is only an excerpt of With Trøim at Carnivale in Rio, Shipping Deals Slow Down
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Tags: · Fredriksen, George Economou, Goldman Sachs, International Shipping Enterprises, Lazard, Leventis Group, Navios Corporation, OMI, Restis, Saltchuk, United States Steel Corporation
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