Advent is reportedly exploring a sale of Ultra Maritime for over GBP 3bln, Bloomberg reports citing sources

Context

Advent's exploration of a sale for Ultra Maritime valued at over GBP 3 billion indicates a strategic shift that could attract interest from large players in the maritime sector. This move might prompt investors to assess both Advent's valuation strategy and the implications for competition in the industry, potentially signaling further consolidation.

Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard
#EU SESSION#US SESSION#US EQUITIES
Published: Updated: