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Star Bulk adds 16 Augustea bulkers in all-share transaction

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Greek dry bulk owner Star Bulk Carriers has moved to take its fleet to 90 vessels, with the acquisition of 16 bulkers from Italy’s Augustea Atlantica and York Capital Management in an all-share transaction. Star Bulk will assume debt of $310m and issue around 10.5m shares to the two sellers, giving them a 14.1% stake […]


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