Home Investments Cosco Named ‘Preferred Investor’ for 67% of Piraeus Port

Cosco Named ‘Preferred Investor’ for 67% of Piraeus Port

by GTP editing team
0 comments

Photo source: OLP

The Board of Directors of Greek privatization fund TAIPED on Wednesday announced the listed Chinese shipping giant Cosco Group as the “preferred investor” for the acquisition of the 67 percent share capital of the Piraeus Port Authority SA.

The announcement followed TAIPED’s board of directors’ meeting and after having examined all the required documents submitted on time by Cosco.

The tender dossier will now be submitted directly to the Court of Audit for pre-contractual control.

“The share sale contract will be signed after the approval of the Court”, TAIPED said.

The completion of the transaction is subject to the competent authorities’ approvals.

Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece.

You may also like

Leave a Comment

Advertise

CONTRIBUTE

Guest posts are welcome. Read the editorial guidelines here.

Copyright Notice

Unauthorized use and/or duplication of this material without express and written permission from the author and/or owner is strictly prohibited. Excerpts of texts published in this page and links may be used, provided that full and clear credit is given to Greek Travel Pages – gtp.gr and / or GTP Headlines – news.gtp.gr with appropriate and specific direction (hyperlink) to the original content.  All photographs appearing on this site are not to be downloaded or reproduced in any way, without the prior written permission of the copyright owner.

@2025 – Web Design & Development by Generation Y