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Greece asks investors to improve bids for Thessaloniki port sale
April 7, 2017 / 2:49 PM / in 8 months

Greece asks investors to improve bids for Thessaloniki port sale

ATHENS, April 7 (Reuters) - Greece’s privatisation agency (HRADF) asked on Friday for improved financial bids from shortlisted investors seeking to buy a majority stake in its second-largest port.

Athens got last month three offers for the sale of a 67 percent stake in Thessaloniki Port, which is required as part of its international bailout.

The investors are 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 which is bidding jointly with France’s Terminal Link SAS. (Reporting by Angeliki Koutantou)

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