News Room
Star Capital sells its entire stake in MPC Container Ships
Author:
Posttime:2022-11-07
UK private equity firm Star Capital has sold its entire holding in MPC Container Ships (MPCC), reports Singapore's Splash 247.
MPCC revealed that once its largest shareholder, Star Capital Partnership's Star Spike Limited, had offloaded 9.99 per cent of its stake.
The shares were sold for US$74 million through a process managed by Clarksons Securities, Fearnley Securities, and Pareto Securities.
In March, Star Capital sold a 6.19 per cent stake in MPCC for $79.4 million. MPCC's largest shareholder is Axel Schroeder-led CSI Beteiligungsgesellschaft.
Mr Schroeder is also on the company's board and managing partner of parent MPC Capital.
source:{非本站网址}
Related posts
Today news
- Evergreen's 24,000 TEU Ever Acme delivered 4 months ahead of schedule
- Major Chinese ports container volume up 2% in late November
- Japanese insurers to halt ship insurance for all of Russia
- Xeneta container rates alert: calm before storm, as long-term ocean freight rates hold steady ahead of expected new year pain
- APL England's box loss report finds ship's lashings in poor shape
Picture news
