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News Breaks | | | | January 30, 2013 | | 05:54 EDT |  | NNA | Navios Acquisition upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Navios Acquisition citing the company's exposure to product tankers and the potential for dividend raises in 2013 and 2014. The firm raised its price target for shares to $5 from $3. | |
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News For NNA From The Last 14 Days Check below for free stories on NNA the last two weeks. |
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| May 16, 2013 | | 09:14 EDT |  | NNA | Navios Acquisition sells 32.9M shares at $3.65 in two placements
The placement included a registered direct offering of 16,438,356 shares of common stock which will raise approximately $60M of gross proceeds and a placement of 16,438,356 common shares to Navios Maritime Holdings which will raise approximately $60M of gross proceeds. RS Platou Markets, Inc. is the sole lead manager in the registered direct offering. RS Platou Markets AS and S. Goldman Capital LLC are acting as placement agents in the registered direct offering. DVB Capital Markets LLC, BNP Paribas Securities Corp. and ABN AMRO Securities LLC are acting as co-placement agents in the registered direct offering | |
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