Greece Gets 3 Bids for Thessaloniki Port
By Aiswarya Lakshmi
March 26, 2017
Three foreign investors have bid for the majority stake in Greece's Thessaloniki Port, reports Reuters.
Phillipines-based International Container Terminal Services (ICTS), Dubai-based P&O Steam Navigation Company (DP World) and German private equity Deutsche Invest Equity Partners had all submitted offers, the report said.
The sale of a 67 percent stake in Greece's second-largest port, which was launched in 2014, has been beset by delays and political resistance.
Thessaloniki Port has a market value of $211 million and had a throughput of 344,277 20-foot equivalent units (TEUs) last year.
Thessaloniki port workers walked off the job for three hours on last Wednesday to protest against the sale but Mellios said it would not affect operations.
