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.
Fincantieri acquires stake in Isselnord
La Spezia, Italy (PortSEurope) June 25, 2017 – Via subsidiary Delfi, Fincantieri has signed an agreement for the acquisition of a stake in Isselnord...
Spain’s Noatum Ports to invest €9 million in Málaga port
Málaga, Spain (PortSEurope) June 23, 2017 – Noatum Ports plans to invest €9 million ($10.1 million) in the reconstruction of its terminal in Málaga,...
Three companies to tender for Larnaca port
Larnaca, Cyprus (PortSEurope) June 25, 2017 – The Cypriot Ministry of Transport has shortlisted three companies for the contract to develop Larnaca port...
Deutsche Invest, Belterra Investments,Terminal Link nominated preferred investor for Τhessaloniki Port Authority
Thessaloniki, Greece (PortSEurope) June 21, 2017 – On June 19, 2017, the Board of Directors of Hellenic Republic Asset Development Fund (HRADF)...
Uniport considers Cosco’s acquisition in Bilbao positive
Bilbao, Spain (PortSEurope) June 20, 2017 – Members of business association Uniport, an entity that has been working on the promotion of the port-logistics...
Noatum Port’s purchase by Cosco to reshape Spanish ports industry
Valencia, Spain (PortSEurope) June 14, 2017 – The acquisition of a 51% stake in the capital of Noatum Ports Holdings for €203.49 million ($228.35 million)...
Yildirim takes control of Leixoes container terminal operator
Leixões, Portugal (PortSEurope) June 14, 2017 – Turkish group Yildirim now owns 100% of the capital of  Container Terminal (TCL), after the purchase of the...
Spain’s Noatum expects Cosco deal to boost container traffic
Valencia, Spain (PortSEurope) June 13, 2017 – Spain’s Noatum Port Holdings S.L.U. expects the strategic partnership agreement signed with Cosco...
Cosco’s acquisition of Noatum is encouraging for Valencia’s economic growthÂ
Valencia, Spain (PortSEurope) June 13, 2017 – The arrival of a Chinese state-owned company to Valencia port, after the acquisition of Noatum Ports...
Cosco includes Valencia’s traffic in China’s Silk Road
Valencia, Spain (PortSEurope) June 13, 2017 – The nearly 300 vessels of the world’s fourth largest shipping company each year move 1.6 million...
Cosco Shipping Ports Limited acquisition of interest in Noatum Port Holdings in Spain
Valencia, Spain (PortSEurope) June 13, 2017 –Â Cosco Shipping Ports Limited has published the following press release regarding its acquisition of Noatum...
Cosco agrees to acquire 51% stake in Noatum Ports
Valencia, Spain (PortSEurope) June 12, 2017 – Chinese company Cosco Shipping Ports Limited has signed an agreement to acquire a 51% stake in the capital of...
France’s Macron seeks review of STX shipyard sale to Fincantieri
Nantes-St.Nazaire, France (PortSEurope) JUne 12, 2017 – New French President Emmanuel Macron has said that the recently announced deal for Fincantieri of...
DP World acquires Spanish maritime services firm
Valencia, Spain (PortSEurope) June 8, 2017 – DP World Limited said its subsidiary P&O Maritime acquired Spanish maritime services company Reyser...
Algeciras port, HMM meet to discuss TTI Algeciras acquisition
Algeciras, Spain (PortSEurope) June 1, 2017 – Algeciras port authority (Autoridad Portuaria BahÃa de Algeciras) and Hyundai Merchant Marine (HMM) met to...
Russia’s Summa Group mulls acquisition of Transneft’s stake in NCSP
Novorossiysk, Russia (PortSEurope) June 1, 2017 – Russian diversified private holding company Summa Group is considering the acquisition of a stake of JSC...
Russia will not privatise 20% stake in NCSP in 2017
Novorossiysk, Russia (PortSEurope) May 25, 2017 – The privatisation of Novorossiysk Commercial Sea Port (NCSP) will not take place in 2017, Deputy Finance...
Spain’s Europac completes sale of Viana do Castelo port unit
Viana do Castelo, Portugal (PortSEurope) May 23, 2017 – Spanish company Papeles y Cartones de Europe S.A. (Europac) has completed the sale of Europac...
OT Logistics ready to continue cooperation with Montenegro regarding the Bar port development
Bar, Montenegro (PortSEurope) May 22, 2017 – OT Logistics S.A. has received an official notification from Montenegro on the decision of the Council for...
Fincantieri acquires control of STX France
Trieste, May 19, 2017 – Fincantieri S.p.A. has announced that it signed today a share purchase agreement for the acquisition of 66.66% of the share capital...