MERGERS & ACQUISITIONS
The battle for Grindrod Shipping begins
Some investors say Taylor Maritime Investments’s $26 a share offer is high-seas piracy; others say now is the right time to jump ship
08 September 2022 - 05:00
A takeover bid for Grindrod Shipping (Grinship) has enraged a group of shareholders who believe the group is being stolen from under investors’ noses.
But another grouping reckons the bid price is reasonable and that now might be the right time for investors to jump ship...
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