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.
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 – 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...
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)...