Greece gets three improved financial offers for Thessaloniki port sale

Thessaloniki Port Authority SA

21/04/2017 15:21

ATHENS, April 21 (Reuters) - Greece received three improved 
binding financial bids for a majority stake in Thessaloniki Port 
 OLTr.AT , its second-largest, the country's privatisation 
agency (HRADF) said on Friday. 
    Last month HRADF got three bids for a 67 percent stake in 
Thessaloniki Port  OLTr.AT .  
    The bids were submitted by Philippines-based International 
Container Terminal Services (ICTS), Dubai-based P&O Steam 
Navigation Company (DP World) and German private equity firm 
Deutsche Invest Equity Partners, jointly with France's Terminal 
Link SAS.  
    After unsealing the financial offers this month, HRADF asked 
the suitors to improve them by April 21. 
    The improved offers will be unsealed at a board meeting on 
April 24, HRADF said. 
    The current market value of the stake on sale is 138.8 
million euros. 
 
 (Reporting by Angeliki Koutantou) 
 ((angeliki.koutantou@thomsonreuters.com; +30 210 3376436; 
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net)) 
 
Keywords: EUROZONE GREECE/PRIVATISATION PORT