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Trusted by
Acquiring Company
TOP Ships
Acquired Company
Guangzhou Shipyard International Company Limited
Description
TOP Ships Inc. announced it has entered into a share purchase agreement to acquire the shares of four companies involved in shipbuilding contracts with Guangzhou Shipyard International. The total purchase price for 100% of the shares is approximately $34.95 million, with delivery expected between June 2029 and March 2030. This acquisition aims to expand TOP Ships' ice class fleet and provide long-term contracted employment for the new vessels.
Fundz sees it the moment TOP Ships makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Guangzhou Shipyard International Company Limited?
Guangzhou Shipyard International Company Limited was acquired by TOP Ships, based in Athens. The deal was reported on October 8, 2026. TOP Ships Inc. is an international owner and operator of modern, fuel-efficient ECO tanker vessels. The Company focuses on transporting crude oil, petroleum products, and bulk liquid chemicals. TOP Ships is publicly traded (TOPS) and operates in Manufacturing.
When did TOP Ships acquire Guangzhou Shipyard International Company Limited?
TOP Ships's acquisition of Guangzhou Shipyard International Company Limited was reported on October 8, 2026. TOP Ships Inc. announced it has entered into a share purchase agreement to acquire the shares of four companies involved in shipbuilding contracts with Guangzhou Shipyard International. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Guangzhou Shipyard International Company Limited do?
Guangzhou Shipyard International Company Limited is involved in the shipbuilding industry, focusing on constructing high-quality marine vessels. They have entered into contracts for various types of vessels including tankers. It is privately held, operating in Manufacturing.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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