Greek shipowner George Economou has decided to place his 49% stake in Connecticut pools operator Heidmar up for sale, the company’s chief executive tells TradeWinds.

Economou has agreed to put his shares alongside the 49% stake held by Morgan Stanley in a tender process opened by the financial giant last week, Heidmar chief executive Ben Ognibene said in an interview.

TradeWinds reported on 28 May that Morgan Stanley had put its own stake up for sale again and was soliciting bids, a notion that Ognibene at that time called “100% not true”.

But