Story thread · 5 reports / 4 sources

Diana turns valuation screw on Genco

splash247.com · 13d

Diana turns valuation screw on Genco

Diana Shipping has raised the prospect of cutting its $27.34-per-share takeover proposal for Genco Shipping & Trading after claiming the US-listed owner’s fleet has shed $50m in value since early June. The Athens-based owner cited VesselsValue data placing Genco’s 43-ship fleet at $1.433bn on July 28, down 3.4% from a peak of $1.483bn in early …

First report: Diana Shipping ends Genco tender offer, keeps acquisition proposal in place seekingalpha.com, 15d

The coverage

  1. Diana Renews Push for Genco While Permitting Tender Offer to Expire

    maritime-executive.com · 15d

  2. Genco Shipping & Trading Limited Issues Statement in Response to Expiration of Diana Shipping’s Tender Offer

    markets.businessinsider.com · 15d

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