Greece gets three bids in Igoumenitsa port sale (updated)

Thessaloniki Port Authority SA

05/08/2022 16:02

(Updates with detail, background)
    ATHENS, Aug 5 (Reuters) - Greece has received three binding
bids in the sale of a majority stake in its northwestern port of
Igoumenitsa, the country's privatisation agency said on Friday.
    The bidders for a 67% stake in the port are a consortium of
Attica Holdings  EPAr.AT  with Aktor Concessions  HELr.AT , a
consortium of Grimaldi Euromed with Minoan Lines and Investment
Construction Commercial and Industrial, and the Thessaloniki
Port Authority  OLTr.AT .
    The deadline for binding offers expired on Friday.
    The offers of those investors that meet the terms of the
tender will be unsealed at a later stage, the agency said in a
statement.
    Athens has been seeking to attract private investment in
Igoumenitsa and other regional ports as part of wider
privatisations to become a key logistics hub for goods from Asia
to Europe and boost economic growth.
    The privatisation drive has been revived after uncertainty
linked to the COVID-19 pandemic prompted delays.
    Since 2011, Athens has raised more than 7 billion euros 
($7.1 billion) in total from privatisations in response to three
international bailouts that ended in 2018.  urn:newsml:reuters.com:*:nL8N2YU2WW
    ($1 = 0.9833 euros)

 (Reporting by Angeliki Koutantou; Editing by Kirsten Donovan
and Mark Potter)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))