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.
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...
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)...
Yildirim takes control of Leixoes container terminal operator
Leixões, Portugal (PortSEurope) June 14, 2017 – Turkish group Yildirim now owns 100% of the capital of Container Terminal (TCL), after the purchase of the...
Spain’s Noatum expects Cosco deal to boost container traffic
Valencia, Spain (PortSEurope) June 13, 2017 – Spain’s Noatum Port Holdings S.L.U. expects the strategic partnership agreement signed with Cosco...
Cosco’s acquisition of Noatum is encouraging for Valencia’s economic growth
Valencia, Spain (PortSEurope) June 13, 2017 – The arrival of a Chinese state-owned company to Valencia port, after the acquisition of Noatum Ports...
Cosco includes Valencia’s traffic in China’s Silk Road
Valencia, Spain (PortSEurope) June 13, 2017 – The nearly 300 vessels of the world’s fourth largest shipping company each year move 1.6 million...
Cosco Shipping Ports Limited acquisition of interest in Noatum Port Holdings in Spain
Valencia, Spain (PortSEurope) June 13, 2017 – Cosco Shipping Ports Limited has published the following press release regarding its acquisition of Noatum...
France’s Macron seeks review of STX shipyard sale to Fincantieri
Nantes-St.Nazaire, France (PortSEurope) JUne 12, 2017 – New French President Emmanuel Macron has said that the recently announced deal for Fincantieri of...