Pacific Basin to buy four bulkers in cash-and-shares deal
Pacific Basin, a Hong Kong-based owner of handysize and supramax bulk carriers is proposing to buy four vessels in a cash and shares deal worth almost $74m. Some 106m new shares will be issued, raising $24.4m
The purchase of the two handysize and two supramax bulkers amounts to $73.84m, Hong Kong-based company says