Thessaloniki port takes acquisition bids from 8 contenders
Source:transportweekly 2014-7-16 9:44:00
The Hellenic Republic Asset Development Fund (HRADF) board has approved of eight potential investors to bid for a 67 per cent stake in Thessaloniki Port Authority.
Qualified are APM Terminals, Deutsche Invest Equity Partners, Duferco Particiption Holding, International Container Terminal Services, Mitsui & Co, DP World, Russian Railways JSC/GEK TERNA and Yilport Holding.
The board also approved the key tender documents including the Request for Proposals (RfP), the draft Sale Purchase Agreement (SPA) and the draft Shareholders Agreement (SHA), reported Reuters.
During the tender phase, the qualified investors will gain access to detailed information about the asset and the terms of the transaction via a virtual data room.