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.
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...
Spain’s Boluda acquires German towage firm URAG
Valencia, Spain (Ports Europe) February 21, 2017 – The Spanish shipping company Boluda has purchased of the German shipping companies URAG and Lütgens...
China looks to purchase 75% of Poti Free Industrial Zone shares
Poti, Georgia (Ports Europe) February 20, 2017 – CEFC China Energy Company Limited has signed a memorandum of understanding (MoU) to discuss acquiring...
EC expects Bar port privatisation to boost Montenegro’s growth
Bar, Montenegro (Ports Europe) February 16, 2017 – The European Commission (EC) said it expects the privatisation of the Montenegro state-owned 30%...
Montenegro to sell stakes in Luka Bar, Montecargo
Bar, Montenegro (Ports Europe) February 16, 2017 – The Montenegrin government aims to sell state-owned stakes in Bar port’s operator Luka Bar a.d....
Izmir shareholding transferred to Turkish Wealth Fund
Izmir, Turkey (Ports Europe) February 12, 2017 – Turkey has transferred stakes in İzmir port, which has been in the privatization portfolio since 2007,...
GasLog closes sale & purchase agreement with Gastrade
Alexandropoli, Greece (PortSeurope) February 10, 2017 – GasLog Ltd, an international owner, operator and manager of liquefied natural gas (LNG)...
AEW acquires logistics asset in northern Italy
Milan, Italy (Ports Europe) February 7, 2017 – AEW, a leading European real estate investment and asset manager, announces that it has acquired the DSV...
Minister claims improvements as Limassol workers plan strike
Limassol, Cyprus (Ports Europe) – February 7, 2017 – Following the privatisation of Limassol port last week, the port remains disrupted. Customers...
Infracapital to take control of Gruppo Investimenti Portuali
Genoa, Italy (Ports Europe) February 6, 2017 – Infracapital, a leading investor in European infrastructure, is set to take control of GIP (Gruppo...
Russian government enacts 2017-2019 state assets privatisation plan
Novorossiysk, Russia (Ports Europe) February 2, 2017 – Russia has adopted the program on the privatisation of state-owned assets for 2017-2019, Deputy...
GPH acquires stakes in three Italian cruise port terminals
Cagliari, Italy (Ports Europe) February 1, 2017 – Turkey-based Global Ports Holding (GPH) has acquired stakes in three companies managing cruise ports...
Investors have until March 24 to submit binding bids for Thessaloniki port
Thessaloniki, Greece (Ports Europe) January 31, 2017 – Greece has given investors until March 24 to submit binding bids for Thessaloniki port. The sale...
Cyprus Shipping Association voices concern over Limassol port
Limassol, Cyprus (Ports Europe) January 31, 2017 – The Cyprus Shipping Association has voiced concern over the operation of the Limassol port, after it...
Limassol port privatisation marked by criticism
Limassol, Cyprus (Ports Europe) January 31, 2017 – On January 29, 2017, Dubai’s DP World assumed management of Limassol port as part of the...
DP World takes over management of Limassol port
Limassol, Cyprus (Ports Europe) January 31, 2017 – Dubai-based port and terminal operator DP World took over operations at the Port of Limassol, Cyprus,...
Limassol port to close on Friday ahead of takeover
Limassol, Cyprus (Ports Europe) January 28, 2017 – Immediately prior to private companies taking over operations at Limassol port, the port remains...