Greek privatization agency Hellenic Republic Asset Development Fund (HRADF) shortlisted investment groups that would be willing to purchase a 67% stake of Thessaloniki Port Authority S.A., the agency said in a press release.
The bidders for OLTH are 1) APM Terminals, B.V., 2) Deutsche Invest Equity Partners, GmbH, 3) Duferco Particiption Holding, SA, 4) International Container Terminal Services, Inc., 5) Mitsui & Co., Ltd., 6) P&O Steam Navigation Company (DP World), 7) Russian Railways JSC / GEK TERNA S.A., 8) Yilport Holding, Inc
HRADF’s advisors will evaluate the above Expressions of Interest and submit to HRADF’s Board of Directors their recommendation as to which candidates qualify for the next phase of the tender.
Furthermore, HRADF’s Board of Directors approved today the following investment entities who qualify for phase B of the tender process for the acquisition of a 67% stake of Piraeus Port Authority S.A.: 1) APM Terminals, B.V., 2) COSCO (Hong Kong) Group Limited, 3) International Container Terminal Services, Inc., 4) Ports America Group Holdings, 5) Utilico Emerging Markets Limited
During Phase B, the qualified parties will be granted access to detailed information regarding the asset and the terms of the tender process.
Additionally, the BoD approved the final draft of the concession agreement for the privatisation of the first cluster of marinas (Alimos, Poros, Ydra, New Epidavros). The submission of binding offers is expected in July 2014.
Finally, following the decision of the Council of State for EYDAP, HRADF will take the necessary steps to assess whether the bidding process for the privatisation of EYATH is compatible with the existing constitutional and legal framework.