Goldenport in Takeover Talks

Greek shipowner Goldenport Holdings Inc. said that it has received an approach by a potential bidder which may lead to the company’s acquisition.

“The Board of Goldenport Holdings Inc.notes the recent movement in its share price and confirms that it has received an approach by a potential bidder which may lead to an offer for the company,” the company announced.

Goldenport said that the indicative offer price discussed was £(GBP) 1.20 in cash for each company share. Nevertheless, the offer is subject to a recommendation by the independent directors of the company.

 “Discussions are at an early stage and there can be no certainty that an offer will be made or regarding the terms of any such offer,” Goldenport added without disclosing the identity of the bidder.

The London-listed company owns eight dry bulkers and six containerships.

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