Orix in $2bn deal to take over Osaka’s largest shipowner

Japanese financial services company Orix Corporation has bought Osaka’s largest shipowner, Santoku Senpaku, in a deal valued at $2bn. The deal, expected to go through by the end of next month, will see 67 ships, predominantly bulk carriers plus some car carriers and container vessels, change hands. Santoku Senpaku was established in 1972 by Masashi …

splash247