BUSINESSglobal
Dry bulk takeover battle heats up between Diana and Genco
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Updated 2 hours ago
First seen March 23, 2026 21:05:32Stay on top of this story
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Quick Summary
The takeover tussle between dry bulk players Diana Shipping and Genco Shipping & Trading is escalating, with the Greek owner hitting back after its sweetened bid was rejected for a second time. Diana, which already holds close to 15% of Genco, said the US-listed bulker owner had dismissed its $23.50-per-share all-cash offer without meaningful engagement, …