‘Absolutely zero’ chance Scorpio Bulkers will ditch public listing

There is “absolutely zero” possibility Scorpio Bulkers (ticker symbol of SALT) will move to take the company private despite a change in the shareholding status of its founding sponsor last week.

That is the view of Deutsche Bank’s Amit Mehrotra, one of the equity analysts who follows the New York-listed owner of dry bulk vessels.

Mehrotra offered the opinion this week in response to questions from TradeWinds, which last week reported the new “activist” shareholding status of the mother of SALT chief executive Emanuele Lauro.

Other