Displaying items by tag: shipping company

A page turner for EuroHoldings Ltd, the Nasdaq-listed shipping company, brings the entry of the Latsis family into the majority shareholding through Marla Investments Inc. The deal, which was completed with the purchase of 51.04% of the common shares from shareholders linked to the Pitta family, marks one of the most significant investment moves by Greek business interests in the shipping industry in recent times.

The transaction price was set at $12.90 per share, with a total volume covering 1,437,697 shares. This was an all-cash deal conducted without the issuance of any new shares, thereby classifying it as a “clean transaction” – a rarity in the shipping industry when it comes to listed companies.

Hellenic Police-ELAS was called for an emergency incident in Glyfada, as according to information there were shots fired at a shipping company.