On the wires: $11bn Atlas Corp's Seaspan – how we got it wrong
… and the danger of easy assumptions
Seaspan Announces Acquisition Of Two High-Quality Containerships On Long-Term Charter
LONDON, July 23, 2020 /CNW/ ? Seaspan Corporation (“Seaspan”), a wholly owned subsidiary of Atlas Corp. (“Atlas”) (NYSE: ATCO), today announced that it has agreed to the purchase of two high-quality containerships (the “Acquired Vessels”) for approximately $146 million in cash.
The purchase of the Acquired Vessels is expected to be financed from additional borrowings as well as cash on hand. Seaspan expects ...