Navios tanker duo complete merger
Navios Group is citing ‘a number of benefits’ from the merger of its two tanker outfits, which sees the Navios Midstream fleet of six very large crude carriers joining Navios Acquisition’s fleet which, prior to the transaction, numbered 35 tankers. Navios Acquisition has printed close to 3.7m new shares to buy out the publicly-held common units of Navios Midstream
Move sees expansion of Navios Acquisition fleet to 41 tankers while Navios Midstream ceases trading on NYSE
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: