Costamare To Spin-off Dry Bulk Enterprise Into | World Market Information
(RTTNews) – Costamare (CMRE) introduced intent to spin-off the dry bulk business into a standalone company, Costamare Bulkers Holdings Restricted. Costamare Bulkers will maintain the owned dry bulk vessels and the CBI working platform. The deliberate spin-off will end in two separate, publicly traded corporations. Shares of Costamare Bulkers Holdings Restricted are anticipated to be listed on the NYSE.
Costamare Inc. famous that it’s going to stay a world container delivery supplier, retaining
the owned container vessels and Neptune Maritime Leasing Restricted companies. Costamare Inc. is concentrating on to finish the spin-off as quickly as practicable within the present calendar 12 months.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
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