Stock swap

CPLP tanker activity to be merged with DSS

Published by Kathimerini on Wed, 11/28/2018 - 21:01

Capital Product Partners LP (CPLP), controlled by Greek shipowner Evangelos Marinakis, and Diamond S Shipping (DSS), whose main stakeholder is the WL Ross & Co private investment fund founded in 2000 by US Trade Secretary Wilbur Ross, announced on Wednesday they have reached a merger deal for a new entity whose value is estimated at $1.65 billion.