Analysts believe Scorpio Bulkers would benefit from selling its $100m stake in Scorpio Tankers as it reaps significant upside from a deal that was widely denounced last autumn.
Scorpio Bulkers should transfer the success of the Scorpio Tankers' investment to its shareholders by either selling the interest or spinning it off, Noble Capital Markets analyst Poe Fratt said, referring to Scorpio Bulkers by its ticker symbol of SALT.
