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Pyxis Tankers To Acquire Remaining 40% Stake In Ultramax Dry Bulk Vessel Ormi For $6.83M; Deal Expected To Be Immediately Accretive
The Ormi was acquired in October 2023 from an unaffiliated third party for $28.5 million. Pyxis acquired a 60% controlling interest, while the remaining 40% was acquired by a company related to Pyxis’ Chairman and Chief
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Pyxis Tankers shares are trading higher after the company reported better-than-expected Q2 financial results.
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