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Poseidon Containers postpones $231 million IPO

July 30, 2015

Poseidon Containers Holdings, a containership operator with an initial fleet of 19 vessels, postponed its IPO on Thursday. The Kifissia, Greece-based company was founded in 2010 and booked $103 million in revenue for the 12 months ended March 31, 2015. Morgan Stanley, Deutsche Bank, UBS Investment Bank, Citi, Jefferies and ABN AMRO were set to be the joint bookrunners on the deal.