In nominating Navios Maritime Acquisition for a deal of the year award, one of our favorite investment bankers wrote, “At the beginning of 2010, NNA had cash and gumption. At the end of 2010, the company had a fleet of 22 tanker vessels. Waddya say? Deal of the century?” While we think the deal is a winner, we would, however, not go quite so far as it is both early in the century and the client has yet to reach her prime. We would however concede that it was an encore performance by the 2009 Dealmaker of the Year, Angeliki Frangou and her team at Navios.
This is only an excerpt of “Waddya say? Deal of the century?” – Mergers & Acquisition Award
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Tags: · George Weltman
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