Two Binding Bids for Greek Port
Greece received two binding bids for a majority stake in its northern port of Alexandroupolis, the country's privatizations agency HRADF said.The bidders for a 67% stake in the port were Quintana Infrastructure and Development through Liberty Port Holdings Single Member, and International Port Investments Alexandroupolis, a joint venture of Black Summit Financial Group, Euroports, EFA Group and GEK Terna, the agency said in a statement.The deadline for the bids expired earlier on Thursday.
Greece Gets Strong Interest for Igoumenitsa Port
Greece on Friday received nine non-binding bids for a 67% stake in Igoumenitsa port, its privatization agency said on Friday.Bids were submitted by Aegean Oil, Attica Holdings and a consortium of Archirodon Group and ANEK & Trident Hellas Group.The other bidders were a consortium of Grimaldi Euromed and Minoan Lines, Danthia Shipping, MRG Ltd, Portek International, Quintana Infrastructure and Thessaloniki Port Authority , the agency said.The deadline for bidding expired at 1500 GMT on Friday.Greece embarked on an ambitious privatization plan in 2010, at the start of a decade-long financial cri
Attica Completes Sale of RoRo
Attica Holdings has concluded the sale and delivery of its ice-class RoRo vessel Marin to Compagnie Maritime Marfret. The delivery of Marin to her new owners took place yesterday in Patras, Greece. The total sale proceeds of Marin of Euro 8.52mln generate for Attica Group additional cash of approximately Euro 5.90mln and capital gains of approximately Euro 2.33mln, which will appear in the Group’s first quarter 2008 results.
RoRo Challenge Sold
The Board of Directors of Attica Holdings S.A. announced that it has concluded the sale and delivery of its RoRo vessel Challenge to Challenge Shipping Co. Ltd. controlled by Clipper Denmark A/S. The delivery of Challenge to her new owners took place yesterday at the port of Liverpool, UK The total sale proceeds of Challenge of Euro 16.90mln generate for Attica Group additional cash of approximately Euro 5.51mln and capital gains of approximately Euro 2.00mln, which will appear in the Group’s first quarter 2008 results.
Attica Holdings Sells RoRo Vessel
Attica Holdings S.A. announces that it has contracted to sell its RoRo vessel Marin, built 1991, trading between Greece and Italy for a total cash consideration of Euro 8,450,000. The delivery of the vessel and final payment will take place in February 2008. At the time of conclusion of the transaction, Attica Group is expected to book capital gains of approximately Euro 2.2mln.
Tallink Concludes Vessel Purchases
The Board of Directors of Attica Holdings S.A. announced that it has concluded the sale and delivery of Superfast VII and Superfast VIII to AS Tallink Grupp. The sale and delivery of Superfast IX to her new owners AS Tallink Grupp is scheduled to take place on April 12. The sale price of Superfast VII and Superfast VIII stands at about $249m and the sale price of Superfast IX at 125.9m. Out of the total sale proceeds of $375m, Attica’s cash balances will increase by approximately $123m after repayment of the ships’ debt of $237m and payment of various expenses related to the transaction of approximately $13m. Attica Group will book capital gains of approximately $13m, which will appear in the Group’s second quarter 2006 results.
Attica to Sell Vessels to AS Tallink
Attica Holdings S.A. announces that it has contracted to sell to AS Tallink Grupp its ice-class Ro-Pax vessels Superfast VII, Superfast VIII and Superfast IX for a total cash consideration of $371 million. Pending legal and regulatory procedures, the transaction will close within April 2006. Attica will maintain its presence in the Baltic Sea with the operation of its two Ro-Ro vessels that are trading between Rostock, Germany and Uusikaupunki, Finland.
Attica Holdings Sells 3 Vessels
According to reports, Attica Holdings announced that, on March 21, 2006, it has contracted to sell to AS Tallink Grupp its ice-class Ro-Pax vessels Superfast VII, Superfast VIII and Superfast IX for a total cash consideration of Euro 310 million. source: Reporter.gr Pending legal and regulatory procedures, the transaction will close within April 2006. Attica will maintain its presence in the Baltic Sea with the operation of its two RoRo vessels that are trading between Rostock, Germany and Uusikaupunki, Finland.
