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.
Poland’s OT Logistics requests meeting with Montenegrin government on Luka Bar sale
Bar, Montenegro (PortSEurope) May 10, 2017 – Polish company OT Logistics has sent a letter to the Montenegrin government, requesting a meeting to discuss the...
ADM acquires Israeli feed importer
Tel Aviv, Israel (PortSEurope) May 10, 2017 – Archer Daniels Midland Company is to purchase a controlling holding in Industries Centers, an Israeli...
Millet SA and Regiorail to operate traction services for OFP Atlantique
Nantes-St.Nazaire, France (PortSEurope) May 6, 2017 – Millet SA and Regiorail are to set up OuestRail in order to take over the traction services of OFP...
Limassol port remains under pressure following privatisation
Limassol, Cyprus (PortSEurope) May 3, 2017 – On January 29, 2017, Dubai’s DP World assumed management of Limassol port as part of the government’s...
Alkion Terminals signs contract for LBC assets
Amsterdam, Netherlands (PortSEurope) May 3, 2017 – Alkion Terminals and LBC Tank Terminals (LBC) have announced the signing of an agreement in which...
Aktau International Sea Port to be privatised
Aktau, Kazakhstan (PortSEurope) May 2, 2017 – Aktau International Sea Port on the Caspian Sea is to be privatised in 2017, according to the government....
Montenegrin prime minister says OT Logistics bid for Luka Bar is unsatisfactory
Bar, Montenegro (PortSEurope) April 27, 2017 – Montenegrin prime minister Dusko Markovic said the sale of 30% stake in Bar port operator, Luka Bar a.d. Bar,...
OT Logistics says cancellation of 30% in Luka Bar is incomprehensible
Bar, Montenegro (PortSEurope) April 26, 2017 – Polish company OT Logistics said the decision of the Montenegrin government to cancel the tender for the sale...
Montenegrin government cancels sale of 30% stake in Luka Bar
Bar, Montenegro (PortSEurope) April 25, 2017 – The Montenegrin government said it has terminated the talks for the sale of a 30% stake in port operator Luka...
Deutsche Invest consortium highest bidder for Thessaloniki port
Thessaloniki, Greece (PortSEurope) April 24, 2017 – A consortium comprising Deutsche Invest Equity Partners GmbH, Belterra Investments Ltd and Terminal...
Turkey’s Global Ports announces $250 million London Stock Exchange float
Istanbul, Turkey (Ports Europe), April 20, 2017 – Global Ports Holding (GPH), the world’s largest cruise port operator, plans a London Stock Exchange...
Nogar to take control of paper traffic at Viana do Castelo port
Viana do Castelo, Portugal (Ports Europe) April 19, 2017 – Spanish group Nogar will manage the paper traffic in the Portuguese port of Viana do Castelo in...
STX Fincantieri sign agreement
Trieste, Italy (Ports Europe) April 12, 2017 – Fincantieri S.p.A. has announced that it has signed with the French State, represented by the Agence des...
Ukraine’s Kernel Holding to sell stake in Taman port’s grain terminal
Taman, Russia (Ports Europe) April 7, 2017 – The largest Ukrainian agro-industrial group, Kernel Holding, has sold its share of the grain terminal in...
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...