The family of Scorpio Bulkers chief executive Emanuele Lauro has reclassified its holding as the type that could look to seize majority control of the company or even take it private.
The change comes after repeated buys in January of Scorpio Bulkers (ticker symbol: SALT) shares in the open market by Annalisa Lolli-Ghetti, Lauro’s mother.
She now holds 2.25 million shares via holding company Scorpio Services Holding (SSH) of Monaco, a stake of 7.9%,
