Diana presses on with Genco takeover push

Splash 24713 Jul 2026Market
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Diana Shipping has extended its tender offer for Genco Shipping & Trading to July 24, keeping its takeover push alive after securing only a modest increase in shareholder support. The Athens-based bulker owner said 11.08m Genco shares had been tendered by the July 10 deadline, representing 29.7% of the outstanding stock it does not already …