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.
Montenegrin government cancels sale of 30% stake in Luka Bar
Bar, Montenegro (PortSEurope) April 25, 2017 – The Montenegrin government said it has terminated the talks for the sale of a 30% stake in port operator Luka...
Deutsche Invest consortium highest bidder for Thessaloniki port
Thessaloniki, Greece (PortSEurope) April 24, 2017 –Â AÂ consortium comprising Deutsche Invest Equity Partners GmbH, Belterra Investments Ltd and Terminal...
Turkey’s Global Ports announces $250 million London Stock Exchange float
Istanbul, Turkey (Ports Europe), April 20, 2017 – Global Ports Holding (GPH), the world’s largest cruise port operator, plans a London Stock Exchange...
Nogar to take control of paper traffic at Viana do Castelo port
Viana do Castelo, Portugal (Ports Europe) April 19, 2017 – Spanish group Nogar will manage the paper traffic in the Portuguese port of Viana do Castelo in...
STX Fincantieri sign agreement
Trieste, Italy (Ports Europe) April 12, 2017 – Fincantieri S.p.A. has announced that it has signed with the French State, represented by the Agence des...
Ukraine’s Kernel Holding to sell stake in Taman port’s grain terminal
Taman, Russia (Ports Europe) April 7, 2017 – The largest Ukrainian agro-industrial group, Kernel Holding, has sold its share of the grain terminal in...
Greece requests improved bids for Thessaloniki privatisation
Thessaloniki, Greece (Ports Europe) April 7, 2017 – The Greek privatization agency (HRADF/TAIPED) has asked for improved offers from three consortia that...
Corsica Ferries executives to acquire Lota family’s stake
Bastia, Corsica, France (Ports Europe) April 14, 2017 – The executives of French ferry company Corsica Ferries plan to acquire the shareholding of the Lota...
Eastern Ligurian Sea Port System approves sale of shares in Discovery company
La Spezia, Italy (Ports Europe) April 3, 2017 – Autorita’ di Sistema Portuale del Mar Ligure Orientale (Eastern Ligurian Sea Port System) held its first...
Ferrovie Nord Milano acquires 49% stake in FuoriMuro
Genoa, Italy (Ports Europe) April 3, 2017 – Italian public transport company Ferrovie Nord Milano has acquired a 49% stake in the capital of FuoriMuro...
OEB visits new owners of Limassol port
Limassol, Cyprus (Ports Europe) March 26, 2017 –Â The Cyprus Employers & Industrialists Federation (OEB) has visited the port of Limassol and engage...
Three binding financial offers for Thessaloniki Port Authority SA received
Thessaloniki, Greece (Ports Europe) March 25, 2017 – The Hellenic Republic Asset Development Fund (HRADF) received three binding financial offers for the...
Four bids expected for stake in Thessaloniki port
Thessaloniki, Greece (Ports Europe) March 22, 2017 – The Greek government plans to sell a 67% stake in Thessaloniki port and four parties are expected to...
Thessaloniki port workers take action
Thessaloniki, Greece (Ports Europe) March 22, 2017 – Workers at Thessaloniki port will carry out brief strike action today against the port’s...
Montenegro to conclude contract for Bar port sale by end-March
Bar, Montenegro (Ports Europe) March 16, 2017 – Montenegro’s government expects to complete the talks on the privatisation of Luka Bar a.d. Bar,...
Italy’s Onorato acquires Livorno port’s ro-ro terminal operator
Livorno, Italy (Ports Europe) March 13, 2017 – Italian company Onorato has acquired Livorno Terminal Marittimo (LTM), the operator of ro-ro and ro-ro-pax...
Controversy at Limassol port continues
Limassol, Cyprus (Ports Europe) March 5, 2017 – On January 29, 2017, Dubai’s DP World assumed management of Limassol port as part of the...
CMA CGM interested in Thessaloniki privatisation
Thessaloniki, Greece (Ports Europe) March 5, 2017 – The Greek government privatisation agency HRADF (TAIPED) is managing the process of privatising 67%...
Interest in Thessaloniki port privatisation lessens
Thessaloniki, Greece (Ports Europe) February 28, 2017 – There have been reports that companies previously interested in operating Thessaloniki port, as...
Montenegro to complete talks for sale of Luka Bar in March
Bar, Montenegro (Ports Europe) February 28, 2017 – Montenegrin government expects to complete the talks for the sale of 30% state-owned stake in port...