Your email has been successfully added to our mailing list.

×
0 0 0 0 0.0478087649402389 0.0478087649402389 0.0478087649402389 0.0478087649402389
Stock impact report

UPDATE 1-Belgian tanker operator Euronav to buy U.S. peer Gener8 Maritime [Reuters]

GENER 8 MARITIME INC (GNRT) 
Last gener 8 maritime inc earnings: 5/9 05:27 pm Check Earnings Report
US:NYSE Investor Relations: ir.gener8maritime.com
Company Research Source: Reuters
Belgian tanker operator Euronav to buy U.S. peer Gener8 Maritime | Reuters Reuters Staff 2 Min Read (Reuters) - Belgian tanker operator Euronav ( EUAV.BR ) said on Thursday it had agreed to buy U.S. peer Gener8 Maritime ( GNRT.N ) in an all-stock deal worth about $490 million. Euronav said in a statement the deal would create a tanker operator with an estimated market capitalization of about $1.8 billion that would provide economies of scale. “The financial strength of the Combined Entity together with a strong leadership team will make it well placed to navigate the tanker cycle,” Euronav Chairman Carl Steen said. Under the terms of the deal, which will make Gener8 a wholly-owned subsidiary of Euronav, the Belgian company said it would issue about 60.9 million new shares at an exchange ratio of 0.7272 Euronav shares for each share of Gener8. Based on a Reuters calculation, the deal is worth about 413 million euros ($490 million). Euronav said the deal represented a 35 percent pre Show less Read more
Impact Snapshot
Event Time:
GNRT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GNRT alerts
Opt-in for
GNRT alerts

from News Quantified
Opt-in for
GNRT alerts

from News Quantified