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Diana Shipping to Acquire Remaining Stake in Genco Shipping & Trading Limited
ByAinvest
Monday, Nov 24, 2025 2:51 pm ET1min read
Diana Shipping Inc. proposes to acquire a majority stake in Genco Shipping & Trading Limited. This acquisition will expand Diana Shipping's fleet and strengthen its position in the dry bulk shipping market. The deal is subject to regulatory approvals and is expected to close in the fourth quarter of 2022. The proposed acquisition is a strategic move to enhance Diana Shipping's growth prospects and increase its market share.
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