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Dry Bulk

Landing the big one

  • Analysis

“THERE is no better time to do a deal than when the idea has matured, and it seems that for the Quintana board the idea had matured,” says Excel Maritime Carriers chairman Villy Panayotides, reflecting on his company’s recent $2.45bn — by enterprise value — takeover of fellow Greek-managed dry bulk operation Quintana Maritime Carriers.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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