Yoda PLC — a diversified Cyprus-based group primarily active in hotels and real estate — has made a big push into shipping, acquiring an 18% stake in Capital Product Partners (CPLP) for $160m.
CPLP sponsor Evangelos Marinakis revealed in a filing that Capital Maritime & Trading, the private shipping firm he controls, sold 10m of CPLP’s common units to Yoda at $16 each.
