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InsideArbitrage Potential Deal Alert: Navios Maritime Announces Receipt of Buyout Offer of $1.84 Per Common Share

  • September 13, 2023


StockNavios Maritime Holdings Inc.SymbolNM
Date Announced09/13/2023Source Press Release
TypeUnsolicited BidAcquiring Company/Person N Logistics Holdings Corporation
Date of Confirmation: 10/23/2023Price at Confirmation: $2.21
Potential Profit: 15.71%Annualized Profit: 143.32%

Navios Maritime Holdings (NM) announced that its board of directors received an unsolicited non-binding proposal from N Shipmanagement Acquisition to acquire all of the outstanding shares not already owned by NSC and its affiliates for $1.84 in cash per common share.

Proposal Letter

13DA Filing

Navios Maritime Holdings Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.