COVID-19 put a temporary kibosh on mergers-and-acquisitions (M&A) activity — and not just for shipping. According to Refinitiv, the value of U.S. M&A deals fell 40% year-on-year in the first half. Now that the initial shock of the outbreak has passed, will shipping companies regain the urge to merge?
There has been a higher-than-usual number of M&A questions on quarterly conference calls in recent days. One likely reason for analysts’ heightened interest: Takeovers are one of the few big...
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