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Taylor Maritime Announced it has Agreed to Acquire a 22.6% Stake in Grindrod Shipping for $77.9M in Cash

Taylor Maritime Investments Limited (TMI / TMIP), the specialist dry bulk shipping company, is pleased to announce that it has agreed to acquire a 22.6% stake in Grindrod Shipping Holdings Ltd, a dual NASDAQ and Johannesburg Stock Exchange listed shipping business (NASDAQ: GRIN), for a cash consideration of $77.9m via a privat

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