Private equity fund considering tanker IPO
US-based private equity fund Bayside Wades has acquired chemical tanker assets and is now mulling a listing of its shipping division, according to Bloomberg.
BY LOUISE VOGDRUP-SCHMIDT
Bayside Wades is one of the private equity funds that has acquired assets in the segment following the crisis in the shipping industry. Shipping has, in fact, become so interesting for the fund that it is now mulling whether to sell shares in its shipping division, reports Bloomberg.
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