Diana Shipping extends tender offer for remaining Genco shares to July 24

Genco Shipping & Trading Ltd
Diana Shipping Inc.

Genco Shipping & Trading Ltd

GNK

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Diana Shipping Inc.

DSX

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  • Diana Shipping extended its tender offer for Genco Shipping shares it does not already own to July 24, 2026, 5:00 p.m. New York time.
  • As of July 10, 11,081,926 shares were tendered, equal to 29.7% of the shares not owned by Diana.
  • The latest proposal values Genco at USD 27.34 per share, comprising USD 24.8 cash plus one Diana share valued at USD 2.54.
  • The offer is backed by USD 1.41 billion of committed bank financing with no financing condition.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diana Shipping Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607130737PRIMZONEFULLFEED9761062) on July 13, 2026, and is solely responsible for the information contained therein.