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Danaos explores Norwegian listing for dry bulk business
Greek owner Danaos is considering a carve-out of its dry bulk business and the sale of a minority stake through a potential listing in Norway, with investment banks mandated to advise on a possible equity placement and listing.
Danaos, a Greek owner listed in New York and led by John Coustas, is exploring a carve-out of its dry bulk business. The company is also considering the sale of a minority stake through a potential listing in Norway.
Danaos said it has mandated investment banks to advise on a possible equity placement and listing. It described the move as part of a wider push, but the available text does not provide further details on that effort.
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