The creation of the US' biggest listed shipping company by the Navios group will be an interesting test of the market's appetite for a diversified offering, analysts believe.
Norwegian investment bank Clarksons Platou Securities said Navios Maritime Partners' takeover of financially challenged Navios Maritime Acquisition will give bring about a "conglomerate" in the shipping sector.
The transaction will result in a 143-ship goliath with a presence in bulkers, containerships and tankers, and a fleet worth an estimated $4.2bn.
