Greece picks German-led consortium for Thessaloniki Port sale

Thessaloniki Port Authority SA

19/06/2017 13:25

ATHENS, June 19 (Reuters) - Greece named a consortium led by 
Deutsche Invest Equity Partners as the winner of a majority 
stake in Thessaloniki Port  OLTr.AT , the country's second 
biggest, its privatisation agency (HRADF) said on Monday. 
    Deutsche Invest has teamed up with France's Terminal Link 
SAS and Cyprus-based Belterra Investments and has offered 231.9 
million euros ($259.52 million), the highest bid, for a 67 
percent stake in the port.  ID:nL8N1HW4V3  
    The sale is part of the country's international bailout 
signed in 2015 and comes less than a year after China's COSCO 
Shipping  600428.SS  bought a 51 percent stake in Piraeus Port 
 OLPr.AT , Greece's biggest, for 280.5 million euros. 
    The agreement is subject to an approval by a Greek court of 
auditors and other relevant authorities. 
     
($1 = 0.8936 euros) 
 
 (Reporting by Angeliki Koutantou, editing by Louise Heavens) 
 ((angeliki.koutantou@thomsonreuters.com; +30 210 3376436; 
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net)) 
 
Keywords: EUROZONE GREECE/PRIVATISATION THPA