Deal Snapshot
NAVIOS MARITIME PARTNERS TO LIQUIDATE NAVIOS EUROPE IN USD 37M DEAL
Monday 02 December 2019

Greek dry cargo vessel owner and operator Navios Maritime Partners L.P. has agreed to liquidate its European Navios Europe I business, giving Navios Partners USD 48.2m in receivables, the company said.

Navios Partners expects to acquire the five containerships owned by Navios Europe I with a net equity value approximately equal to the receivables.


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Details
Date Published: 02/12/2019
Target: Navios Europe I
Country: Greece
Deal Size: 37m (USD)
Sector: Water Transport
Type: Divestment
Financing: Cash
Status: Agreed
Vendor: Navios Maritime Partners
Buyer: Entity affiliated with Navios Maritime chairman and CEO
Comment:


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