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.
Two Russian proxies vie for control of strategic Greek port of Alexandroupoli
Alexandroupoli, Greece (Ports Europe) May 16, 2022 – Two of the four candidates to win the tender to operate the Greek port of Alexandroupoli have links with...
International Port Investments Kavala is preferred bidder sub-concession of a terminal in “Philippos II” port
Kavala, Greece (PortSEurope) May 8, 2022 – The Hellenic Republic Asset Development Fund (HRADF) has named the consortium International Port Investments...
Port of Antwerp-Bruges: merger of the ports of Antwerp and Zeebrugge creates Europe’s largest export port
The ports of Antwerp and Zeebrugge will from now on continue their growth trajectory under one name: Port of Antwerp-Bruges. At the extraordinary general...
Greece cancels the tender for the Kalamaria marina concession
Piraeus, Greece (PortSEurope) April 15, 2022 – The Hellenic Republic Asset Development Fund (HRADF) has announced that the tender for the concession of...
Piraeus Port Authority holds annual meeting with government privatisation authority
Piraeus, Greece (PortSEurope) April 14, 2022 – Piraeus Port Authority (PPA) has held the annual meeting with government privatisation authority, the...
CMA CGM announces acquisition of GEFCO
Marseille, France (PortSEurope) April 8, 2022 – The French shipping and logistics group CMA CGM is to acquire nearly 100% of GEFCO, a European leader in...
Greece pre-qualifies eight interested parties for next phase of the Heraklion Port Authority tender
The Hellenic Republic Asset Development Fund (HRADF) has pre-qualified the interested parties that meet the eligibility criteria to participate in Phase B...
Kition Ocean Port takes over development of port of Larnaca
Larnaca, Cyprus (PortSEurope) April 6, 2022 – Kition Ocean Port takes over development of port of Larnaca from the Cyprus Ports Authority (CPA). CPA has...
Greek regional upcoming ports and new chances for investments
Athens, Greece (PortSEurope) April 1, 2022 – A paper, published in March in the Open Journal of Business and Management, analyses the upcoming strong...
Konecranes comments on its strategy and next steps following the abandonment of the planned merger with Cargotec
KONECRANES PLC STOCK EXCHANGE RELEASE, March 29, 2022 Konecranes comments on its strategy and next steps following the abandonment of the planned merger and...
UK Competition & Markets Authority blocks merger between Konecranes and Cargotec
The UK Competition & Markets Authority (CMA) has blocked the proposed merger between Cargotec and Konecranes after its in-depth investigation identified...
DP World consolidates Eurofos terminal in Fos-sur-Mer, exits Le Havre
DP World Limited and Terminal Link SA, a joint venture 51% owned by CMA CGM and 49% owned by China Merchants Port, have today reached a conditional agreement...
A consortium has submitted an “Expression of Interest” for the concession of the marina of Itea, Greece
Piraeus, Greece (PortSEurope) March 15, 2022 – A consortium of Dining Status and Fokis Development has submitted an “Expression of Interest”...
A.P. Moller-Maersk plans to sell stake in Russian port operator Global Ports Investments
Copenhagen, Denmark (Ports Europe) March 11, 2022 – It has been reported that Denmark’s A.P. Moller-Maersk plans to divest its 30.75% stake in...
Greece receives binding offer for the sub-concession for a terminal within the “Philippos II” Kavala port
Kavala, Greece (Ports Europe) February 28, 2022 – Greece’s Hellenic Republic Asset Development Fund (HRADF) has received a binding offer for the...
European Commission clears the merger of Cargotec with Konecranes, subject to conditions
The European Commission has approved, under the EU Merger Regulation, the proposed merger between Cargotec and Konecranes. The approval is conditional on the...
TAR court rejects Spinelli group appeal against PSA-Sech merger in Genoa port
Genoa, Italy (Ports Europe) January 31, 2022 – The judges of the TAR (tribunale amministrativo regionale, regional court) have rejected the appeal of the...