news Dry bulk Markets & tradeOperational risk Splash247
Greek dry bulk owner Diana Shipping has warned that shares in rival Genco Shipping & Trading could fall to around $17.50 if its $23.50-per-share takeover proposal is removed from the table. Athens-based Diana, currently Genco’s largest shareholder, said the US-listed bulker owner’s stock price is being artificially supported by its all-cash offer and does not …
Diana warns Genco shares could slide if takeover bid collapses
Splash247
Read full article at Splash247 →
Opens Splash247 in a new tab