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16 August 2026

Diana pulls plug on Genco takeover

Downunder Voices Newsroom

Source reporting: Splash247

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Diana pulls plug on Genco takeover

Greece’s Diana Shipping has pulled its takeover offer for Genco Shipping & Trading after the US bulker owner set out terms that Diana said would value the company at about $36. 91 per share, ending the current push after nine months of increasingly bitter dealmaking. Genco’s board asked for $27. 50 per share in cash, another $2 …

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