Mergers/Acquisition/Privatisation
Mergers/Acquisition/Privatisation describes the consolidation of companies or assets through various types of financial transactions, including mergers, acquisitions, state privatisation, consolidations, tender offers, purchase of assets, and management acquisitions. Also includes port privatisation and port concessions which include equity holdings.
Ukraine reduces starting price for Belgorod-Dniestrovsky sea port auction
Kiev, Ukraine (PortSEurope) June 7, 2023 – The State Property Fund has halved the opening price at the latest privatization auction for the...
La Méridionale joins the CMA CGM Group
Marseille, France (Ports Europe) June 1, 2023 – The CMA CGM Group has today finalized the acquisition of La Méridionale, a mixed-use freight and...
Takeover of Luka Rijeka halted
Rijeka, Croatia (Ports Europe) May 26, 2023 – State-owned Enterprise Restructuring and Privatisation Fund (CERP) has announced that it will retain its...
Şişecam acquires 50% of Port of Stockton in USA
Istanbul, Turkey (Ports Europe) May 26, 2023 – Şişecam has announced that it became a 50% shareholder of Stockton Port, USA, with a payment of $12.2...
PSA International, Kazakhstan Railways to jointly develop TITR Corridor
Aktau, Kazakhstan (Ports Europe) May 23, 2023 – PSA International Pte Ltd and Kazakhstan Railways (KTZ) will establish a joint venture company, KPMC Ltd,...
Fifth attempt to sell small stake in Novorossiysk Shipping Company
Novorossiysk, Russia (Ports Europe) May 19, 2023 – The Russian state-owned 0.0127% stake in Novorossiysk Shipping Company (NovoShip, part of the SovComFlot...
Ukraine to rerun sale of Belgorod-Dniestrovsky Commercial Sea Port
Kiev, Ukraine (Ports Europe) May 11, 2023 – The Ukraine government will rerun the sale of Belgorod-Dniestrovsky Commercial Sea Port. Ukrdoninvest LLC won...
CMA CGM committed to purchase Bolloré Group’s transport, logistics operations
Today, the CMA CGM Group granted a put option to the Bolloré Group to sell the transport and logistics operations of Bolloré Logistics – May 8, 2023...
Approval for Grimaldi Group acquisition of Barcelona Ferry Terminal
Barcelona, Spain (Ports Europe) May 4, 2023 – The National Commission for Markets and Competition (CNMC) has approved the Grimaldi Group acquisition of...
CMA CGM sells its 50% stake in Russia’s Logoper for €1
Marseille, France (Ports Europe) May 4, 2023 – CMA CGM, the French logistics and shipper, has sold its 50% stake in Logoper , Russia’s top 5...
Croatia approves takeover of Luka Rijeka by Czech company
Rijeka, Croatia (Ports Europe) May 2, 2023 – The Board of Directors of the Croatian Financial Services Supervisory Agency (Hanfa) has approved the...
Argostoli Marina privatisation in Greece attracts six parties
Athens, Greece (Ports Europe) April 25, 2023 – The Hellenic Republic Asset Development Fund (HRADF) has pre-selected six investment parties who are...
Heraklion Port Authority receives two equity bids
Heraklion, Greece (Ports Europe) April 25, 2023 – The Hellenic Republic Asset Development Fund (HDRAF) has received two offers for the acquisition of a...
CMA CGM in talks to buy Bolloré Logistics
Marseille, France (Ports Europe) April 20, 2023 – The French logistics and shipping group CMA CGM is in exclusive talks to acquire Bolloré Logistics....
PSA acquires 75% of ALISAN Logistics A.S., Turkey
Istanbul, Turkey (Ports Europe) April 19, 2023 – Via local subsidiary PSA-BDP TurkeySupply Chain Solutions Pte Ltd, PSA International has acquired 75% of...
COSCO stake in Hamburg terminal remains undecided
Hamburg, Germany (Ports Europe) April 13, 2023 – The German government remains undecided about any future equity stake of China’s COSCO Shipping...
Port of Volos privatisation attracts eight interested parties
Volos, Greece (PortSEurope) March 31, 2023 – The Hellenic Republic Asset Development Fund (HRADF) has announced the pre-qualifiers for the tender to...
Metrans takes 51% stake in the Croatian Adria Rail
Hamburg, Germany (PortSEurope) March 30, 2023 – Earlier this month, Metrans took a 51% stake in Croatian Adria Rail, a rail operator and rail transport...
Port Bronka – another murky privatisation in Russia
Bronka, Russia (PortSEurope) March 27, 2023 – Bronka maritime transshipment complex in the Big Port of St. Petersburg, the only deep-water terminal in...
Giorgos Prokopiou takes over Skaramangas Shipyards – officially
Athens, Greece (PortSEurope) March 23, 2023 – Investor Giorgos Prokopiou has officially taken over Skaramangas Shipyards. A ceremony was held in Athens...