Newspaper: Banks preparing to sell Torm
According to Danish newspaper Berlingske, Nordea and Danske Bank were in New York late this spring to present Torm to a series of interested equity funds.
BY OLE ANDERSEN
Danske Bank and Nordea have, according to Berlingske's information, been in New York late this spring to present Torm to a series of interested private equity funds. The banks' and the shipping company's recent dismantling of the dry bulk segment by returning 20 ships to their owners should be seen as part of the preparations for the sale, writes the newspaper on Friday.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Torm terminates ADR program and delists in the U.S.
For subscribers
CEO: 2013 a huge step forward for Torm
For subscribers
.jpg&w=384&q=75)
