Navios Maritime Containers plans to raise $100m via an initial public offering (IPO) and listing on the Nasdaq, according to filings with the US Securities and Exchange Commission (SEC). The company is planning a sale of its container terminal in Long Beach, California, which it bought from bankrupt shipping giant Maersk for $200m (£120m) last year. " It plans to list on the Nasdaq but has not disclosed a symbol. No pricing for the IPO or NASDAQ symbol has been disclosed. The Monaco-based company is one of the world's largest shipping fleets by capacity, and reported $69m in sales for the year through March.
Navios Maritime Containers plans to raise $100m via an initial public offering (IPO) and listing on the Nasdaq, according to filings with the US Securities and Exchange Commission (SEC). The company is planning a sale of its container terminal in Long Beach, California, which it bought from bankrupt shipping giant Maersk for $200m (£120m) last year. No pricing for the IPO or NASDAQ symbol has been disclosed. The Monaco-based company is one of the world's largest shipping fleets by capacity, and reported $69m in sales for the year through March.