Navios Maritime Partners L.P. Announces the Acquisition of Certain Financial Assets for $27.0 million from Navios Maritime Holdings Inc. (Navios Maritime Partners LP)
(WorldNews Greece)

(Source: Navios Maritime Partners LP) Navios Maritime Partners L.P. Announces the Acquisition of Certain Financial Assets for $27.0 million from Navios Maritime Holdings Inc. MONACO, February 22, 2017 -- Navios Maritime Partners L.P. ("Navios Partners" or the "Company") (NYSE:NMM) announced today that it has agreed to acquire from Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) a 47.5% participation interest that Navios Holdings indirectly owns in certain loan facilities previously made to Navios Europe Inc. (the "Transaction"). The purchase price is $27.0 million, payable in the form of (1) $4.05 million in cash and (2) approximately 13.1...