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.
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...
Poland’s OT Logistics places fresh bid for 30% stake in Luka Bar
Bar, Montenegro (PortSEurope) May 17, 2017 – The Montenegrin privatisation council said it has received a new and “more profitable” bid for the...
South Korea’s HMM to acquire entire capital of TTI Algeciras
Algeciras, Spain (PortSEurope) May 15, 2017 – South Korean shipping company Hyundai Merchant Marine (HMM) said that it will buy the entire share capital of...
Greek state to keep control of some regional ports
Piraeus, Greece (PortSEurope) May 14, 2017 – State sell-off fund TAIPED will retain control of 10 regional ports of international interest, with the aim...
Thessaloniki Port Authority: Results of tax audit fiscal 2005-2011
Thessaloniki, Greece (PortSEurope) May 14, 2017 – The Thessaloniki Port Authority S.A. (ThPA SA) has announced that the ordinary tax audit for the years...
Hyundai Merchant Marine to buy Total Terminal International Algeciras
Algeciras, Spain (PortSEurope) May 13, 2017 – Hyundai Merchant Marine Co. (HMM) has said that it will purchase a 100% stake in the company that controls...
Montenegro’s Bosniak Party (BS) seeks to control Bar port operator
Bar, Montenegro (PortSEurope) May 11, 2017 – Montenegrin port operator Luka Bar a.d. has delayed its shareholders’ meeting that had to be carried out...
Poland’s OT Logistics requests meeting with Montenegrin government on Luka Bar sale
Bar, Montenegro (PortSEurope) May 10, 2017 – Polish company OT Logistics has sent a letter to the Montenegrin government, requesting a meeting to discuss the...
ADM acquires Israeli feed importer
Tel Aviv, Israel (PortSEurope) May 10, 2017 – Archer Daniels Midland Company is to purchase a controlling holding in Industries Centers, an Israeli...
Millet SA and Regiorail to operate traction services for OFP Atlantique
Nantes-St.Nazaire, France (PortSEurope) May 6, 2017 – Millet SA and Regiorail are to set up OuestRail in order to take over the traction services of OFP...
Limassol port remains under pressure following privatisation
Limassol, Cyprus (PortSEurope) May 3, 2017 – On January 29, 2017, Dubai’s DP World assumed management of Limassol port as part of the government’s...