Chinese Cosco sole bidder for stake in Piraeus Port
The Hellenic Republic Asset Development Fund (Fund) announced that during today’s session, its Board of Directors unsealed the binding financial offer for the sale of a 67% shareholding in Piraeus Port Authority SA, submitted by Cosco Group (Hong Kong) Limited.
According to the terms of the process, the Fund requested the submission of an improved financial offer to be assessed at a subsequent meeting of the Board scheduled to be held in the coming week.
