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.
Analysis – Could DP World and Maersk prevent China from taking over all Haifa Bay ports?
Haifa, Israel (PortSEurope) November 2, 2020 – At the end of October, Israel Shipyards Industries together with Dubai-based DP World submitted a...
Israel Shipyards, DP World jointly bid in Haifa Port privatisation
Haifa, Israel (PortSEurope) October 30, 2020 – Dubai’s DP World and Israel Shipyards Industries have jointly submitted a bid to take over Haifa...
Volos port to proceed with pier extension study
Volos, Greece (PortSEurope) October 29, 2020 – The Ministry of Shipping has approved a study for the completion of pier No. 3, a proposal submitted for...
JP Morgan considers sale of 49% of CSP (Spain)
València, Spain (PortSEurope) October 28, 2020 – Reports in Spain suggest that funds JP Morgan Asset Management and Stichting Pensionenfonds ABP are...
The Three Seas Fund agrees its first investment
Warsaw, Poland (PortSEurope) October 27, 2020 – The Three Seas Fund has announced its first investment, acquiring a 100% interest in Poland’s...
Turkish and UAE companies interested in Haifa port
Haifa, Israel (PortSEurope) October 25, 2020 – Reports from Bloomberg and local source suggest that Turkish and UAE companies may be interesting in...
Bulgarian government pays to hand over business of its biggest Black Sea port to a controversial local politician
Varna, Bulgaria (PortSEurope) October 25, 2020 – Bulgaria’s largest Black Sea port of Varna will have its two main access canals dredged to a depth of up...
Global Ports Holding signs sale and purchase agreement for Port Akdeniz
Global Ports Holding Plc (GPH), the world’s largest independent cruise port operator, is pleased to announce that following a period of exclusive...
Chernomorsk port set for public-private future
Odessa, Ukraine (PortSEurope) October 20, 2020 – Chernomorsk seaport is the next state-owned infrastructure to become a public-private partnership (PPP)...
Prime Minister Mitsotakis visits Alexandroupolis port
Alexandroupolis, Greece (PortSEurope) October 19, 2020 – Prime Minister Kyriakos Mitsotakis visited the port of Alexandroupolis where he made the...
ACM clears acquisition of container terminal of APM Terminals by ECT’s parent company
The Netherlands Authority for Consumer and Markets (ACM) has cleared Hutchison Ports Netherlands, parent company of container terminal operator ECT, to acquire...
Alexandroupolis port privatisation attracts four expressions of interest
Alexandroupolis, Greece (PortSEurope) October 18, 2020 – The Hellenic Republic Asset Development Fund (HRADF), responsible for privatising Greek...
Algeciras port authority approves entry of CMA CGM into TTI
Algeciras, Spain (PortSEurope) October 8, 2020 – Autoridad Portuaria de la Bahía de Algeciras (APBA – Port Authority of Algeciras) has approved...
Greece extends deadlines for regional ports privatisation
Alexandroupolis, Greece (PortSEurope) October 1, 2020 – The Hellenic Republic Asset Development Fund (HRADF), responsible for privatising Greek...
Cargotec and Konecranes to merge
CARGOTEC AND KONECRANES TO MERGE CREATING A GLOBAL LEADER IN SUSTAINABLE MATERIAL FLOW – October 1, 2020 Cargotec Corporation and Konecranes Plc announce...
HHLA invests in the Adriatic port of Trieste
Trieste, Italy (PortSEurope) September 30, 2020 – Hamburger Hafen und Logistik AG (HHLA) is to take a majority stake of 50.01% in Trieste port’s...
DP World and Dubai Customs to assess opportunities to develop trade links between UAE and Israel
Haifa, Israel (PortSEurope) September 16, 2020 – DP World has issued a news release regarding the newly-signed cooperation agreement with Israel’s...