Star Bulk agrees deal for 16 modern bulkers
Greece-based dry bulk company Star Bulk has reaffirmed its intent to be a consolidator in the dry bulk market as it unveiled a 16-vessel acquisition from Italian owner Augustea and US investment firm York Capital Management. The all-stock deal will see 10.5m new shares issued, equivalent to about 14.1% of the company, and will bring Augustea owner Raffaele Zagari onto the Star Bulk board.
Greece-based owner in all-share deal to buy 16 bulkers from Augustea and York Capital
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: