Top Ships (TOPS) has released an update.
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Top Ships Inc. has expanded its fleet with the acquisition of the 47-meter megayacht ‘PARA BELLUM’ for $20 million, partly funded by existing cash and a secured loan. The newly built yacht, managed by Central Mare Inc., is set to bolster the company’s short-term charter operations. The deal was given the green light by an independent board committee, backed by a third-party fairness opinion.
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