NNA News and Press, Navios Maritime Acquisition Corporation

MONACO, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, announced that it completed the acquisition of Navios Maritime Acquisition Corporation (“Navios ...

October 4th saw a massive selloff in the shipping industry. This seems to have primarily been in line with broader market trends and short term fluctuations in container rates. Given the season nature of the rate selloff and insulation of many companies from these fluctuations, th...

Small, Greece-based dry bulk shipper's shares sell off following weaker-than-expected second quarter results. Company announces acquisition of an additional, 2015-built Kamsarmax vessel for $28.4 million. Discussing recent equity offerings and updating estimated net asset value pe...

The Five9 - Zoom deal takes a turn for the worse. The spread on the Five9 deal drops further into negative territory. Tencent's acquisition of Sogou finally goes through almost a year after announcement. For further details see: Merger Arbitrage Mondays: Five9 Investors ...

Company's efforts to address its short-term debt issues likely getting support from CEO and Chairman Angeliki Frangou. While remaining a standalone entity has become an option, a merger with former subsidiary Navios Maritime Partners looks like the most likely outcome at this point. ...

Navios Maritime Partners has effectively bailed out their near-bankrupt sister company, Navios Maritime Acquisition through an all-equity merger. This leaves the almost $1b of net debt they are assuming as the true cost and in return, they receive a business in a notoriously difficult...

Midstream followed oil and gas prices and rebounded strongly from prior weeks' losses. It was the sector’s best weekly performance since June. We discuss why midstream is the best safe haven among all sectors in today’s frothy stock market. For further details ...

M&A and SPAC activity are back on track. Two rumored deals materialize at significant premiums. Five active deals completed successfully. For further details see: Merger Arbitrage Mondays - Landmark Infrastructure Partners Acquired By Its General Partner At A Signifi...

Gainers: Navios Maritime Acquisition (NYSE:NNA) +60%, IKONICS (NASDAQ:IKNX) +24%, Hycroft Mining Holding (NASDAQ:HYMC) +19%, TETRA Technologies (NYSE:TTI) +16%, Nine Energy Service (NYSE:NINE) +16%. Losers: ZK International Group (NASDAQ:ZKIN) -9%, ...

Navios Maritime Partners is merging with Navios Maritime Acquisition. This does not come as a surprise, especially after the at-the-market offerings at Navios Maritime Partners. This is one of the last steps in the corporate simplification saga of the Navios Group. The final piece of ...