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Taylor Maritime Investments takes leading stake in Grindrod Shipping

London-listed Taylor Maritime Investments (TMI) has bought a 22.6% stake in Singapore-based Grindrod Shipping Holdings for $77.9m via a private, off-market acquisition from a wholly-owned subsidiary of Remgro Limited. “The investment in Grindrod Shipping is consistent with Taylor Maritime Investments (TMI) strategy of seeking accretive growth opportunities to increase shareholder returns at a time when …

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London-listed Taylor Maritime Investments (TMI) has bought a 22.6% stake in Singapore-based Grindrod Shipping Holdings for $77.9m via a private, off-market acquisition from a wholly-owned subsidiary of Remgro Limited. “The investment in Grindrod Shipping is consistent with Taylor Maritime Investments (TMI) strategy of seeking accretive growth opportunities to increase shareholder returns at a time when …

[post_title] => Taylor Maritime Investments takes leading stake in Grindrod Shipping [post_excerpt] => London-listed Taylor Maritime Investments (TMI) has bought a 22.6% stake in Singapore-based Grindrod Shipping Holdings for $77.9m via a private, off-market acquisition from a wholly-owned subsidiary of Remgro Limited. “The investment in Grindrod Shippi... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => taylor-maritime-investments-takes-leading-stake-in-grindrod-shipping [to_ping] => [pinged] => [post_modified] => 2021-12-13 08:48:45 [post_modified_gmt] => 2021-12-13 08:48:45 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=156783 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )