Cases & Deals

WL Ross acquires majority stake in Navigator for $110 million

Client(s) WL Ross & Co. LLC

Jones Day advised WL Ross & Co. LLC in connection with the $110 million acquisition of a majority stake in Navigator Holdings Ltd., an international seaborne transportation service provider to producers, traders, and consumers of liquefied petroleum gas, petrochemical gases, and ammonia, through a purchase of Navigator shares from the trustee in the Lehman Brothers liquidation proceedings.