Wilbur Ross Is Bargain Hunting at Sea and UndergroundBy
Shipping stocks still undervalued compared with vessels
Targets are harder to find as markets and economy diverge
Billionaire investor Wilbur Ross said he’s scouting for distressed companies in marine shipping, machinery and mining, but opportunities are becoming scarce as soaring financial markets disconnect from actual economic growth.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.