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From Bulk to Box
On Wednesday, Cronos Ltd, a leading container leasing and management company announced that it had received a majority equity investment from funds affiliated with Kelso & Company. As you might recall, Kelso was the keystone investor in Eagle Bulk Shipping. In addition, TCG Fund, which was previously the company’s largest shareholder, increased its equity investment.
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Tags: · Cronos Ltd, Debevoise & Plimpton LLP, Deutsche Bank Securities Inc., GE, GE SeaCo, Greene Radovsky Maloney Share & Hennigh LLP, Keefe Bruyette & Woods Inc., Kelso & Company, TCG Fund, UES Intermodal AG
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