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.
Ukrainian minister says 13 ports to be managed under concession
Odessa, Ukraine (Ports Europe) August 15, 2017 – Ukrainian ports need to be privatised because private owners can provide better conditions for development,...
Turkey’s Yildirim gains full control of Leixões port’s container terminal
Leixões, Portugal (Ports Europe) August 15, 2017 – Turkish conglomerate Yildirim has just gained control of Leixões port’s container terminal, the...
Croatian government approves sale of 3.6% stake in Luka Rijeka
Rijeka, Croatia (Ports Europe) August 10, 2017 – Croatia’s government has given preliminary consent to the acting director of the Croatian Health...
Akfen Holding sells 40% stake in Mersin port to Australia’s IFM
Mersin, Turkey (Ports Europe) August 2, 2017 – Turkish infrastructure company Akfen Holding has sold its 40% stake in Mersin International Port to IFM...
Cosco representatives visit Valencia port
Valencia, Spain (Ports Europe) July 31, 2017 – Representatives of Cosco Shipping Ports visited Valencia port and the facilities of Noatum Container Terminal...
Seville Port Authority to approve sale of Aquagestión Sur
Seville, Spain (Ports Europe) July 24, 2017 – Autoridad Portuaria de Sevilla (Port Authority of Seville) will propose to its Board of Directors to...
ADM expands business in Ashdod
Ashdod, Israel (Ports Europe) July 20 , 2017 – Archer Daniels Midland company has announced that it has completed its acquisition of a controlling...
Greece will not privatise the smaller ports
Alexandroupolis, Greece (PortSEurope) July 13, 2017 – The Greek privatisation, Hellenic Republic Asset Development Fund (HRADF/TAIPED), has said that 10...
GPF Capital invests in Grupo Vicarli
Bilbao, Spain (PortSEurope) July 10, 2017 – GPF Capital, an independent private equity vehicle created with the aim of investing in small and medium-sized...
Croatian government to sell 11.75% stake in Luka Rijeka
Rijeka, Croatia (PortSEurope) July 10, 2017 – Croatia’s government plans to sell part of its 37% stake in Luka Rijeka d.d., the operator of the...
Yildirim to sell 24% stake in CMA CGM
Marseille, France (PortSEurope) July 6, 2017 – CMA CGM has confirmed it is in talks with the Yildirim Group over the sale of the Turkish...
KMG in talks to buy Black Sea LPG terminal
Midia, Romania (PortSEurope) July 3, 2017 – KMG International, formerly Rompetrol, is negotiating to take over the local firm Octogon Gas &...
Petrogress looks at investment in Cypriot shipyard
Limassol, Cyprus (PortSEurope) July 3, 2017 – Petrogress, Inc. has announced today a Memorandum of Understanding with F & T Investments, Ltd. to open...
Foundation forecasts state benefits of Thessaloniki port privatisation
Thessaloniki, Greece (PortSEurope) June 25, 2017 – A report by the Foundation for Economic & Industrial Research (IOBE) says that the privatisation...
Fincantieri acquires stake in Isselnord
La Spezia, Italy (PortSEurope) June 25, 2017 – Via subsidiary Delfi, Fincantieri has signed an agreement for the acquisition of a stake in Isselnord...
Spain’s Noatum Ports to invest €9 million in Málaga port
Málaga, Spain (PortSEurope) June 23, 2017 – Noatum Ports plans to invest €9 million ($10.1 million) in the reconstruction of its terminal in Málaga,...
Three companies to tender for Larnaca port
Larnaca, Cyprus (PortSEurope) June 25, 2017 – The Cypriot Ministry of Transport has shortlisted three companies for the contract to develop Larnaca port...
Deutsche Invest, Belterra Investments,Terminal Link nominated preferred investor for Τhessaloniki Port Authority
Thessaloniki, Greece (PortSEurope) June 21, 2017 – On June 19, 2017, the Board of Directors of Hellenic Republic Asset Development Fund (HRADF)...
Uniport considers Cosco’s acquisition in Bilbao positive
Bilbao, Spain (PortSEurope) June 20, 2017 – Members of business association Uniport, an entity that has been working on the promotion of the port-logistics...
Noatum Port’s purchase by Cosco to reshape Spanish ports industry
Valencia, Spain (PortSEurope) June 14, 2017 – The acquisition of a 51% stake in the capital of Noatum Ports Holdings for €203.49 million ($228.35 million)...